NY futures had a mixed performance this week, as March dropped 155 points to close at 81.40 cents, while new crop December gained 123 points to close at 82.38 cents. With the trade throwing everything but the kitchen sink at the short ...
Tags: NY, Cotton Futures, Mixed Performance
Demand is stable, prices are decent, and struggling end-use sectors seem to be on the rebound, yet the US long product market remains relatively stagnant. Speakers at SteelOrbis' annual Rebar & Wire Rod Conference in Las Vegas on February 4 ...
Tags: Rebar, Wire Rod, Colakoglu Steel
The battle between spec longs and trade shorts has turned more even this week, as the market yo-yoed back and forth in volatile fashion. After the parabolic move to 84.00 cents last Thursday, the March contract corrected to a low of 80.18 ...
Tags: volatile fashion, cotton futures, NY
Italy’s output of steel long products totaled 1.065 million tons in last November, falling by 5.3% year on year, according to data released by the Italian iron and steel federation Federacciai. In last November, Italy’s ...
Tags: Italy, steel long products, steel
Since China Steel Corp. (CSC), the largest carbon steel maker in Taiwan has hiked its price for steel wires and bars, the other two steel long product manufactures have also followed CSC's step to rise their new prices for wires and bars. ...
Tags: China Steel Corp, carbon steel, steel wires
It’s reported that the Korean steel long product makers planned to carry out the maintenances in the first quarter of this year due to sluggish demand from construction sectors in winter, government’s rules for electricity ...
Tags: steel longs producers, steel producers, steel long product makers
The CIS export market is rather positive amid good bookings for January. Billet price increased by USD 5 per tonne to USD 10 per tonne with offers primarily available around USD 525 per tonne FOB Black Sea and some deals are reported at ...
Tags: CIS export market, billet price, USD
The CIS export market is on the NY and Christmas break now (the Orthodox Christmas is on Jan. 7th). So, there is almost no movement here. However steel billet price lost some points and market got closer to USD 515 per tonne to USD 520 ...
Tags: Black Sea, Steel Export Market, Holiday Mood, Metallurgy
Long products prices started the week with some declines but improved a little,by middle of the week.Average debar price dropped from IRR 17,513,000 per tonne to IRR 17,250,000 per tonne including 5%VAT. I-beam average price decreased ...
Tags: Iran Steel Market Trend, in week 51, Long products prices declines
As we enter a new year,we are confronted with one of the more bizarre and enigmatic cotton situations in recent memory.What makes price analysis currently so difficult is that we are essentially dealing with two entirely different ...
Tags: cotton situation, 2013, Chinese, yarn
Mr.Dmitry Nikolaenko,sales director and member of the executive committee of Metinvest,shared his thoughts with SteelOrbis about Metinvest's acquisition of Zaporizhstal,about Metinvest's services and on the Turkish flat steel market in ...
Tags: Metinvest, Zaporizhstal, flat steel
Money managers boosted net length in NYMEX crude for the reporting week ending December 18, as front-month crude futures received a slight boost. The increase in net length came as money managers increased longs by 3,457 lots, while ...
Tags: NYMEX, crude futures, net length, economy
As per the latest information from Black sea CIS steel export prices are in mixed dynamics. Billet price is rather stable with the market around USD 515 per tonne FOB Black Sea. Despite minor fluctuations, raised by particular deals and ...
Tags: CIS steel, steel, CIS steel export, Billet price
According to an expert estimate made by the Russian Special Steel and Alloys Consumers and Suppliers Association,in the January to September period of this year Russia's stainless steel product output decreased by 11.6%compared to the same ...
Tags: Russian, Stainless steel, RSSACSA, SpetsStal
Mescier Steel Industry and Trade LC started trial production at a new 200,000 tonnes per year beam mill in the middle of November.It is currently making 60mm to 120 mm equal angle;production of UPN channel,IPN and IPE beams is to start in ...
Tags: Mescier Steel Industry, Trade LC, Angle Production, steel