Feng Hsin, one of the major steel longs producers in Taiwan announced to raise its rebar prices by NT$200/ton for this week. Also, the company has hiked its rebar prices for consecutive three weeks, making its rebar prices come to ...
Tags: Construction, Decoration, steel, Rebar, taiwan
After climbing to a five month high last week, cotton futures suffered a near 10% loss this week with the spot December contract dropping over 900 points to close at 84.08 c/lb. Technicals turned weak after futures prices failed to advance ...
After the December contract had reached a high of 93.72 cents last Friday, followed by another attempt to a high of 93.54 cents on Monday, the ferocious rally that took the spot month nearly 900 points higher over the course of just nine ...
According to data released by the Vietnam Steel Association (VSA), Vietnam’s sales of steel long products totaled 2.67 million tons in the first 7 months of this year, rising by 3% year on year. In the given period of time, the ...
Tags: Steel Longs
It’s reported that the depreciation of Indian currency caused high production cost for the Indian steel mills. JSW Steel and Essar Steel announced to raise its price for its steel flats and longs for August. Essar Steel has ...
Tags: JSW Steel, Essar Steel
According to data of the Mexican steel chamber (Canacero), Mexico’s apparent consumption of steel long products totaled 610,144 tons in May, rising by 6.2% from a month ago. In the first five months of this year, the country’s ...
Tags: Steel Longs
It’s reported that Korean steelmaker Hyundai Steel announced to raise its rebar prices by KRW20,000/ton from August 14th, in order to reflect higher raw material costs, increase steel longs prices and tight supply. It’s ...
Tags: Hyundai Steel, Rebar Prices
When the market moved above a two-month old triangle formation on Wednesday, it generated a flood of new spec buying that lifted the December contract to its highest close in over 15 months. Today’s high of 89.42 cents came within ...
Tags: Cotton Prices
ICE cotton futures exploded to the upside this week with the spot December contract advancing 395 points to close at 88.93. New longs entered the market during the rally with the overall open interest rising by over 18k contracts, and specs ...
Tags: ICE cotton, Equity markets
Traders have remained rather indecisive, as they are torn between a tight supply situation nearby that justifies firm prices until new crop arrives and a potentially bearish outlook thereafter. As a result we have a market that is stuck ...
It’s reported that the Japanese steelmakers have hiked the prices for steel long products recently, supported by stable demand from construction industry and higher steel and raw material prices. Nippon Steel & Sumitomo Metal ...
The Vietnam Steel Association (VSA) announced that Vietnam's output of steel long products totaled 2.26 million tons in the first half of this year, down by 2.1% year on year. In the given period of time, the country's sales volumes of ...
Tags: Steel, Construction
According to data from Mexico’s association of steel distributors (Conadiac), the country’s consumption of steel long products totaled 574,407 tons in April, rising by 3.2% from a month ago. In April, the country’s ...
Russia’s imports of stainless steel products totaled 17,928 tons in May, decreasing by 17.6% from a month ago, according to data released by the Russia-based SpetsStal Association. In May, the country’s imports of stainless ...
Tags: Stainless Steel, Mineral
According to the statistics released by Mexico's steel distributors group, Conadiac, the country's apparent consumption of steel long products totaled 1.76 million tons in March, soaring by 46% from 1.2 million tons in a month ago. In ...
Tags: steel, Construction