Another month has passed in which demand in the global long steel products market has failed to show the long-awaited recovery, according to the market outlook released by IREPAS, the global association of producers and exporters of long ...
Tags: Hinders Price, Global Longs Market
According to data released by the Chilean construction chamber (CChC), Chile’s rebar shipments totaled 49,269 tons in March, falling by 6.4% from a month ago and decreasing by 6.6% year on year. In the first quarter of this year, the ...
Tags: Rebar Shipments, Rebar
Korean second largest steelmaker Hyundai Steel said that its production of finished steel flats and longs totaled 3.37 million tons in the first quarter of this year, falling by 15% from a quarter ago. In the first quarter of this year, the ...
Tags: Hyundai Steel
The sharemarket has closed slightly lower despite commodity stocks staging a comeback. The benchmark S&P/ASX200 index was down 4.9 points, or 0.1 per cent, at 5097.5 points. The broader All Ordinaries index was down 1.5 points, or 0.03 ...
Tags: Stocks, Commodity Comeback
According to data released by the Italian steel producers association Federacciai, Italy’s output of steel long products totaled 1.003 million tons in February, falling by 8.7% year on year. In the first two months of this year, the ...
Tags: Steel, Metallurgy, Mineral, Energy
Reportedly, Ecuador's steel longs producer Andec is scheduling to double its current output. The mill new 220,000 tpy electric arc furnace already started to produce. In June or July, a new billet casting machine will be commissioned. The ...
Tags: Metallurgy, Mineral, Energy
According to data released by Brazil's Foreign Trade Secretariat (Secex), the country's exports of steel long products totaled 42,633 tons in March, slumping by 42.3% from a month ago. Among them, the exports of wire rods plummeted by 64% ...
Tags: Metallurgy, Mineral, Energy, steel
NY futures continued to slip this week, as July gave up 126 points to close at 85.48 cents, while December dropped 58 points to close at 85.08 cents. The futures market remained under pressure as hedge funds continued to exit commodity ...
According to the market outlook released by IREPAS, the global association of producers and exporters of long steel products, demand in the global long steel products market has not indicated the long-awaited increase yet, and is still at ...
Tags: IREPAS, long steel products, Mineral
Turkey imported 1.2 million tons of steel products in January, increasing by 19.1% year on year, according to data released by the Turkish Iron and Steel Producers' Association (DUCD). Meanwhile, the country's import revenues generated by ...
Tags: Steel, Metallurgy, Mineral, Energy
NY futures moved sideways this week, as May added 26 points to close at 88.46 cents, while December gave up 45 points to close at 87.37 cents. The main feature this week was the USDA Prospective Plantings report, which was released ...
Tags: US cotton, cotton, cotton industry
It’s reported that most of the major steelmakers in the US have announced to raise the prices of steel long products by US$25/short ton for April. Nucor informed its customers that the company will raise the prices for rebar, ...
Tags: steelmakers, Steel Longs Prices, Steel
Reportedly, Altos Hornos de México (Ahmsa), the largest integrated steel plant in Mexico, plans to begin its Fénix project in late March with total investment around US$1.5 billion. The new project is based on to extend ...
Tags: integrated steel plant, integrated steel, liquid steel
When the market reopened after the long Presidents Day weekend, it looked like May was ready to break out of its flagging pattern when it traded to a high of 85.24 cents on Wednesday. However, there was still enough opposition by the trade ...
Tags: cotton, NY cotton, cotton market
The market continued its correction and pulled back to a low of 80.05 cents in March and 81.35 cent in May, but there were plenty of buyers waiting to buy on dips. Volume was heavy all week long due to the Goldman roll, but overall open ...
Tags: NY, Cotton Futures, Cotton