Taiwan: square billet prices rise everywhere Steel Semis / South East Asia Domestic prices for square billet have been growing in Taiwan since the end of New Year holidays as buying activity is recovering and scrap prices are increasing...
12.3.2010 17:42
Taiwan: small suppliers of flats raise prices Flat Products / South East Asia Taiwanese producers of flat steel products have increased domestic quotations amid the global upward trend and strengthening of local demand...
Vizag Steel (India) to expand capacity in 2011 Long products / India India’s Vizag Steel plans to increase steelmaking capacity from 3.5mtpy to about 6.5mtpy in January 2011 by commissioning a new oxygen-converter shop...
LME: quotations of semis shoot up Steel Semis / Global Square billet quotations on London Metal Exchange have soared following the rapid growth of prices in the physical market in Turkey and the CIS...
12.3.2010 16:49
Bulgaria: longs prices surge Long products / Balkans Demand has remained stable in the Bulgarian longs market over the past two weeks. Steel traders continue to buy the material only in small quantities and for the current needs preferring to maintain optimal stocks. At the same time, an increase in prices for raw materials and semis has caused a rise in both domestic and foreign offers of longs...
12.3.2010 16:34
Brazil: foreign suppliers of flats become more active Flat Products / Brazil Demand for import flats is strengthening in Brazil as domestically produced material is in limited supply and is offered at high prices. Offers coming from China prevail in the market. In particular, Chinese HRC are quoted to local buyers...
12.3.2010 16:25
Far Eastern pig iron market - price growth becomes dangerous Pig Iron / South East Asia Pig iron prices keep growing in the Far Eastern market in mid-March, rising by $5-10/t every week. However, there are no sufficient reasons for the increases at the moment. Rapid growth in the current situation may make both suppliers and consumers run into trouble ...
12.3.2010 16:22
Turkey: distrubutor of MMK flats releases new prices Flat Products / Turkey Turkish supplier of flats from MMK has released official offer prices for "April" material. In particular, prices for 2-12.5 mm HRC have ...
12.3.2010 16:21
Export offers of CIS billet rise by $10-25/t Billet / CIS Export prices for CIS square billet are skyrocketing. The increase is mainly caused by the fact that global prices for scrap soared high enough to practically catch up with billet prices in some regions ...
12.3.2010 16:20
Export prices for CIS finished longs keep going up Long products / CIS Export prices for CIS longs are moving upwards on increased prices of raw materials and semis in the global markets. Besides, limited supply of finished longs has also contributed to the upward trend. In a week...
12.3.2010 15:07
Italy: plate prices soar Flat Products / South Europe A surge of prices for scrap and import semis has forced Italian plate producers to revise prices again. Being wary of further price growth, buyers dashed to re-stock...
12.3.2010 15:03
Italy: welded pipe prices continue upward movement Tubes & Pipes / South Europe Soaring prices for flat steel in Italy continue to push up welded pipe quotations despite still weak demand. In three weeks, domestic prices for locally produced pipes have climbed...
Europe: scrap market facing unhealthy rush Scrap / South Europe Prices for EU scrap have got a second wind this week to continue their upward drive. European mills, currently recovering their production volumes, are lifting purchase prices for scrap to promote deliveries of the material to cover their own growing consumption ...
12.3.2010 14:44
India: welded pipe prices hike by $30-65/t Tubes & Pipes / India Although foreign demand for Indian welded pipes is still rather weak, domestic buying activity is stepping up. This and higher prices of feedstock have sent up export and domestic prices...
12.3.2010 14:31
Kardemir (Turkey) announces new prices for billet and rebar Long products / Turkey Turkish producer Kardemir which already raised prices for rebar at the beginning of the week continues the upward trend. The reason behind the recurrent increases...
Australia: shortage of coking coal becomes sharper Coal & Coke / Australia Australia continues to suffer from heavy rainfalls in the second week of March, thus many operations of largest mining companies have been stopped and railway traffic had problems ...
12.3.2010 14:00
Ukrainian exporters of scrap return to market Scrap / CIS Price surge in the Turkish market for scrap amid growing quotations of major exporters from the USA and Europe has enabled ...
Exporters of MMK coils test market with steep prices Flat Products / CIS CIS flats exporters have started offering April production and their positions have been supported by growing prices in the world markets. This week, suppliers of MMK coils...
12.3.2010 13:41
Turkey: plate suppliers continue to lift prices Flat Products / Turkey Buyer activity in the Turkish plate market has improved slightly in the past month and traders hope demand for the material will keep strengthening. Plate producers are also optimistic and have raised their prices...
