It’s reported that the prices of steel wire products and rebar have remained weak in the European market by the coming of summer vacation. Also, the weak scrap prices have also hindered the steel longs prices to rise. In ...
Tags: Construction&Decoration, European, Steel
It's reported that the Japanese steelmakers have hiked prices for steel long products substantially since this year in order to reflect high input costs. Also, the stable demand from construction industry has supported the Japanese ...
Tags: Steel, Metallurgy, Mineral, Energy
The market hasn’t been kind to anyone betting against July, be it outright shorts or those ending up on the wrong side of the July/Dec spread, as the spot month exploded for a gain of over 1200 points in just nine sessions. July ...
Tags: NY Futures, Textile
In the first quarter of the current year, Belgian crude steel production amounted to 1.8 million mt, falling by four percent year on year and up 5.1 percent compared to the fourth quarter of 2012, according to the Belgian Steel Federation ...
Tags: wire rod, hrc, crc, raw mat, longs, flats, stainless, Belgium, Europe
Global steel giant ArcelorMittal has announced that its South African unit ArcelorMittal South Africa is supplying China's Sinohydro Corporation with reinforcing steel from its Newcastle plant for a number of hydroelectric projects across ...
Tags: rebar, longs, Zambia, Africa, ArcelorMittal, steelmaking, Istanbul
Recently, the Brazilian steel mills have suspended exports of steel long products such as rebar and steel wires due to sluggish demand from overseas markets. The Brazilian steelmakers said that the international market was in a fierce ...
It's reported that Nucor announced to cut surcharges for rebar and medium-and-small section steel products to US$227/ton for shipments after May 21st, decreasing by US$24/ton from April 11st. However, Nucor increased base prices for the ...
Tags: Construction, Metallurgy, Mineral, Energy
Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported Thursday that the US imported a total of 2,680,000 net tons (nt) of steel in April, including 2,087,000 net tons (nt) of finished steel (up 4 ...
Tags: wire rod, pipe, plate, galvanized, coated, longs, flats, tubular, USA
Reportedly, Kardemir, the largest steel longs producer in Turkey announced to adjust its bar prices for domestic market, effective from May 22nd. After the announcement, its prices for round bars are at TRY1, 150/ton, rising by TRY9/ton. ...
Tags: Construction, Metallurgy, Mineral, Energy
Shandong Province-based Chinese steelmaker Rizhao Steel Holding Group Co. has announced that on May 23 its high-speed wire rod project No. 3 in Yingkou in Liaoning Province successfully underwent a hot run test and produced its first batch ...
Tags: longs, China, Southeast Asia, production, steelmaking, Shanghai
According to a report by Latin American steel association Alacero, crude steel production in Latin America totaled 5.7 million metric tons during April this year, stable compared to the same month last year. In the first four months of the ...
Tags: raw mat, longs, flats, South America, production, consumption, steelmaking
Ashland, Kentucky-based KES Acquisition Company d/b/a Kentucky Electric Steel (KES), a value-added manufacturer of Special Bar Quality (SBQ) and Merchant Bar Quality (MBQ) steel bar products and wholly-owned subsidiary of Optima Specialty ...
Tags: merchant bar, longs, USA, North America, investments, steelmaking, San Diego
Italy's long steel output amounted to 1.073 million metric tons in March this year, down 14.8 percent year on year, according to the Italian steel producers association Federacciai. Accordingly, domestic long steel output recorded another ...
Tags: longs, Italy, production, steelmaking, European Union, Brescia
The Vietnam Steel Association (VSA) predicted that Vietnam’s demand for steel long products would remain weak due to sluggish construction activity in the domestic market. In April, Vietnam’s output of steel long products ...
A slew of bearish technical and fundamental factors put the market under pressure this week. First we had the breach of a 6-1/2-month uptrend line, which put the spec longs on the defensive, although we have yet to see any widespread spec ...