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China Alumina Stable After Holidays

May 4, 2016

Maanshan Iron and Steel or Magang, the largest steelmaker in eastern China's Anhui province, on Monday announced it was cutting its ferrous scrap buying price by Yuan 30/metric ton ($5/mt), a company source said. The move followed the ...

Tags: Iron, Steel, steelmaker, ferrous scrap

Eastern China Ferrous Scrap Stable on Rising Price

Dec 28, 2015

After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...

Tags: ferrous scrap, iron ore

US Rebar Prices Expected to Remain Flat Through Year-End

Dec 16, 2015

With the approaching Christmas holiday and the typical seasonal construction slowdown, buyers are expecting US rebar prices to remain largely flat through year-end. "Our fabrication division is staying very busy and is not wrapping up by ...

Tags: US rebar, scrap

Shagang, Magang Cut Ferrous Scrap Buying Prices

Nov 17, 2015

Jiangsu Shagang Group, China's biggest scrap buyer, cut buying prices Saturday for the raw material by Yuan 30/mt ($5/mt), in response to a slide in rebar prices, a company source said. After the adjustment, Shagang will pay Yuan ...

Tags: Ferrous Scrap, Rebar

Mexican Rebar Prices Stay Flat Despite Mills' Intention to Hike

Nov 4, 2015

Rebar prices kept unchanged in Mexico through October, although producers continue to be assertive about hiking prices, sources in the domestic market said. Reported offers, bids and deals led Platts to maintain its Mexican domestic rebar ...

Tags: Rebar prices, Stay Flat, sluggish demand

Scrap Market Activity Remained Sluggish in Eastern China with Prices Mainly Holding Steady

Jun 16, 2014

Scrap market activity remained sluggish in eastern China over the week with prices mainly holding steady and unlikely to gain any upward momentum in the short term as the outlook for the finished steel market remains pessimistic, market ...

Tags: Ferrous Scrap, Heavy Scrap

Turkish Mills Continued to Buy Scrap at Higher Levels Monday

Apr 10, 2014

Turkish mills continued to buy scrap at higher levels Monday despite the increased raw material cost, meaning margins for finished steel ebbed away. The US re-entered the market with a deal from a New Orleans source at $388/mt for 25,000 ...

Tags: Steel Scrap, Turkish mills

IREPAS: Global Long Steel Product Trade Are Still Tight for The Steel Industry

Apr 2, 2014

Speaking at the SteelOrbis 2014 Spring Conference & 70th IREPAS Meeting in Barcelona, Franc Cardona, the marketing and international affairs director of Spanish steel producer CELSA Group, stated that margins in the long steel product trade ...

Tags: Steel, Metallurgy, Mineral

Rebar Futures Increased in The SHFE on Expected Reduction of Output

Jan 20, 2014

Reportedly, rebar futures increased in the Shanghai Futures Exchange (SHFE) on expected reduction of output from Chinese steel mills. Price of rebar for May delivery increased to around RMB3,486/ton. It is said that China’s average ...

Tags: rebar futures, steel mills

Feng Hsin Announced to Leave Its Rebar Prices to Continue Staying Flat

Jan 14, 2014

Feng Hsin, one of the major steel long product manufacturers in Taiwan announced to leave its rebar prices to continue staying flat at NT$18,000/ton for this week. The company also announced to keep its base price for scrap collection and ...

Tags: Feng Hsin, rebar prices, stay flat, scrap prices

Reportedly, Emirates Steel Announced to Raise Its Rebar Prices by Around AED36/ton

Dec 31, 2013

Reportedly, Emirates Steel announced to raise its rebar prices by around AED36/ton for January. At present, the company’s rebar ex-work prices are at AED2, 241/ton, higher than the price of AED2,205/ton in December. Meanwhile, ...

Tags: rebar, metallurgy

Reportedly,Emirates Steel Announced to Raise Its Rebar Prices by Around AED36/ton

Dec 31, 2013

Reportedly, Emirates Steel announced to raise its rebar prices by around AED36/ton for January. At present, the company’s rebar ex-work prices are at AED2, 241/ton, higher than the price of AED2,205/ton in December. Meanwhile, ...

Tags: rebar, metallurgy

Chinese Shagang Announced to Cut Its Rebar Ex-Work Prices by RMB50/Ton for Deliveries

Dec 25, 2013

It’s reported that the Chinese steelmaker Shagang announced to cut its rebar ex-work prices by RMB50/ton for deliveries during December 21-31. After the adjustment, Shangang’s ex-work prices for HRB400 rebar with diameters of ...

Tags: steel, metallurgy

It's Reported That Gerdau Long Steel North America Announced to Raise Its Prices for Rebar

Dec 25, 2013

It’s reported that Gerdau Long Steel North America announced to raise its prices for rebar, merchant bars and beams. The company decided to hike its prices for rebar and merchant bars by US$10/short ton. It also increased beam ...

Tags: steel, metallurgy, price

The Rebar Prices on Shanghai Futures Plunged for a Second Day on The Start of This Week

Dec 19, 2013

According to media report that weak Purchasing Managers' Index for China released by HSBC dropped to 50.5 in the month of December sending the signal of sluggish economy of China to Chinese equities and futures markets. As results, the ...

Tags: price, rebar

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