Market Intelligence on Steel and Raw Materials
| Billet | ||
| Iran, $/t C&F Anzali | 605-6101 |  |
| Rebar | ||
| China, $/t FOB | 610-620 |  |
| HRC | ||
| Russia, $/t FOB | 6302 | |
| Scrap | ||
| USA, $/t FOB East Coast | 410-4153 | |
| Pig iron | ||
| Brazil, $/t FOB North ports | 465 |  |
1 - ex-Casting
2 - ex-MMK
3 - HMS 1&2 (80:20)
2 - ex-MMK
3 - HMS 1&2 (80:20)
| Billet | |||
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Ukraine, $/t fob  |
| Rebar | |||
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Turkey, $/t fob  |
| HR coils | |||
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Russia, $/t fob Black Sea  |
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World Steel News
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all news
price news
company news
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Example: scrap, "far east"
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09.02.12 18:31 | Chinese long product exporters still have no ground for upward move Billet & Longs / China Chinese long product exporters are still unable to increase prices due to tougher competition with trading companies and small producers, who set wire rod offers to foreign buyers at $625-640/t FOB last week, by $10-15/t lower than in the pre-holiday period... |
09.02.12 18:10 | Brazilian longs suppliers raise domestic prices to construction companies Billet & Longs / Brazil |
09.02.12 17:57 | Foreign demand for North American coking coal still on the rise Coke&Coal / USA Asian buyers have become even more active in the North American export market for coking coal this week. Market operators think buying upturn is mainly due to fears that transportation from Australia may be hampered as seasonal rainfalls intensify... |
09.02.12 17:53 | Domestic demand for rebar stronger in Turkey Long products / Turkey Demand from Turkey's traders has rallied in the domestic long product market, unlike that from end-users being depressed by the seasonal factor... |
09.02.12 17:50 | China's mills seek increase in flats prices for March rolling Flat Products / China As expected, China's flats producers still keep domestic prices firm as traders’ demand remains extremely sluggish on the back of growing stocks (at least by 4% up in a week). Stable quotations of iron ore do not stimulate the increase in... |
09.02.12 17:28 | Iranian import billet market sees no improvement Steel Semis / Middle East Iranian buyers are still unable to buy foreign square billet, stocks of which are almost empty, as they have no possibility to finance imports after international sanctions were introduced... |
09.02.12 17:24 | South Steel (Saudi Arabia) to install another long product mill Long products / Middle East South Steel Company (Solb, Saudi Arabia), which intends to start commercial production in April, has signed a contract with Germany's SMS Meer for supply of a combined single-stand rolling mill, designed to make 500,000 tpy of rebar and wire rod... |
09.02.12 17:23 | Kaptan Demir Celik (Turkey) to keep scrap purchases unchanged from January this month Scrap / Turkey This month, Turkey’s Kaptan Demir Celik plans to maintain steel scrap purchases at January levels – around 100,000 t. Some 80,000 t of this volume will be imported. As before, the company prefers to cooperate with Romanian, Russian... |
09.02.12 17:15 | Yolbulan Bastug Metalurji (Turkey) to buy as much scrap as last month Scrap / Turkey Turkey’s Yolbulan Bastug Metalurji plans to import around 120,000 t of steel scrap in February... |
09.02.12 16:52 | Buyers await price cuts in US pig iron market Pig Iron / USA The US pig iron market sees buyers staying away from purchases in hope for additional discounts from suppliers. Besides, most of steelmakers have no urgent need to replenish stocks... |
09.02.12 16:25 | CIS flats exporters make price reductions no more Flat Products / CIS Export prices for CIS coils have become stable in the Azov-Black Sea region. Metinvest International S.A., who sold last week some volumes of HRC to be produced by Ilyich in March at... |
09.02.12 16:13 | US scrap still in demand from overseas buyers Scrap / USA US scrap market is seeing the downward trend. Export prices have dropped by an average of $5/t this week and domestic ones – by $30-45/t depending on grade... |
09.02.12 15:47 | Turkish flats buyers wait for new import offers Flat Products / Turkey Domestic business activity remains weak in the Turkish flats market. End-users' demand is still feeble due to bad weather among other reasons. As a result, local trading companies prefer to keep stocks moderate... |
09.02.12 15:33 | Iron ore prices start moving down in China Iron Ore / China On Thursday, iron ore prices have come down in the Chinese market. The decrease has been initiated by Australian suppliers who decided to reduce offers slightly in order to drum up buying interest... |
09.02.12 15:16 | Japanese scrap suppliers close deal at higher prices in Far East Scrap / Far East At the end of this week, Japanese suppliers of steel scrap have managed to fix the price rise in a contract with a buyer from South Korea. US exporters are failing so far to attract customers despite lower offers... |
09.02.12 15:03 | Flat product prices continue to head up in Poland Flat Products / Central Europe Flat product makers in Eastern Europe keep on following the uptrend. For example, to Polish customers base prices for the material from European suppliers have generally added... |
09.02.12 14:55 | Demand for Japan's longs growing only in domestic market Billet & Longs / Far East The situation in the Japanese longs market is improving gradually amid an upturn in demand for construction steel in the country and better business activity in the region after the New Year holidays... |
09.02.12 13:41 | Exporters of IUD's slabs keep prices for March output firm Steel Semis / CIS Suppliers of IUD’s slabs, having exported the entire February output of the material (about 50,000 t), are already offering March production... |
09.02.12 13:38 | Whiteheaven Coal (Australia) resumes coal extraction at four mines after week-long downtime Coke&Coal / Australia Australia's Whitehaven Coal has resumed mining coal at its Rocglen, Sunnyside, Tarrawonga and Werris Creek assets in New South Wales (Gunnedah basin)... |
09.02.12 12:12 | Australia's Tigers Realm Coal gets permit to develop Amaam coal project in Russia Coal & Coke / CIS Australia’s Tigers Realm Coal announced that Russian Federal Subsoil Agency (Rosnedra) had approved the Amaam coking coal project in the eastern part of Russia... |
09.02.12 11:37 | MMEX Mining (USA) to mine coking coal in Colombia Coke&Coal / South America USA’s MMEX Mining plans to complete a deal for purchase of 50% stake in Colombia’s Hunza on February 29... |
09.02.12 11:22 | Mughal Steel (Pakistan) to launch new equipment in March Billet & Longs / South Asia Pakistan’s Mughal Steel plans to launch a new medium section mill with capacity of 300,000 t in March. The commissioning has been delayed somewhat due to limited natural gas and electricity supply by the government... |
09.02.12 11:08 | CAP (Chile) ships 11.5 mt of iron ore in 2011 Iron Ore / South America Chile’s CAP shipped 11.5 mt of iron ore in 2011 (12% up y-o-y). In Q4 it supplied 3 mt of the material, 13% down q-o-q... |
08.02.12 18:23 | Brazilian flat product buyers expect domestic prices to decrease Flat Products / Brazil Buying sentiment has started slackening in the Brazilian flats market ahead of the oncoming national holidays. Having sufficient inventories, traders prefer to contract only small amounts of the material... |
08.02.12 18:13 | Chinese flats exporters disagree about further price dynamics Flat Products / China Although upward sentiments prevail in the Chinese flats market, exporters are less optimistic. No signs of improvement in the domestic market environment and wait-and-see attitude of most overseas buyers prevent flats prices from growing... |
08.02.12 18:13 | South American Ferro Metals (Brazil) increases ore extraction at Ponto Verde Iron Ore / Brazil Brazil’s South American Ferro Metals (SAFM) increased iron ore extraction to 326,400 t in Q4 (12% up q-o-q), while production of the material dropped to 108,000 t... |
08.02.12 18:05 | Serbia's Zelezara Smederevo to suspend production Flat Products / Balkans Serbia’s Zelezara Smederovo (ex-U.S. Steel Serbia) has to suspend operation of BF No.2 (1.4 mtpy) at least for ten days because raw material supply ceased in view of bad weather... |
08.02.12 17:55 | Domestic rebar prices slip on slack demand in Turkey Long products / Turkey Turkish rebar producers have slashed their domestic prices as compared to the levels of two weeks ago amid a seasonal decline in buying activity... |
08.02.12 17:40 | Cebitas Demir Celik (Turkey) not to buy scrap, production yet to restart Scrap / Turkey Turkey's Cebitas Demir Celik plans to buy no scrap in February, as its facilities remain idle... |
08.02.12 17:36 | Egyptian flats producers rely on foreign customers Flat Products / North Africa Flat product market of Egypt is still in a lull. Political instability has brought demand to naught, and there are no fundamentals for any improvement... |
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