Ukrainian long products manufacturers continue to cut their operation due to considerable drop of prices and demand both un Ukraine and worldwide. Thus, the plants within the structure of Industrial Union of Donbass have to axe the production of semis and finished longs to a notable degree this year...

The prices on Macedonian rebar market have plummeted. Domestic Dojran Steel has announced the prices at EUR115-120/t below those of two weeks ago. The quotations of import finished longs have dropped by EUR70-130/t. Steel traders, fearing to overpay in conditions of sweepingly dropping prices, prefer buying the material in minimal amounts...

Price drop for rebar continues on Bulgarian market. In a week's period, domestic plants' quotations in the dollar terms have dropped by $20-80/t. The drop of the national currency rate has added up to the price decline. Nonetheless, the current decrease is evidently not the last one, as the gap between Bulgarian plants' prices and those of the import Turkish...

Exporters of long products from CIS still "retreat". In a week, prices for Russian and Ukrainian semis in the Black Sea ports have decreased by about $60/t, in the Caspian Sea ports – by $110-120/t. Prices for long products, have plummeted by $90-100/t, following that for...

In Chinese market for long products, last week was characterized by diverse price trends. On the one hand, export prices for Chinese long products continue falling down fast (minus $25-100/t in a week) and may move down further. Moreover, volumes of ...

Serbia, Bosnia and Herzegovina faced a wave of price falls, initiated by ArcelorMittal Zenica, who have decreased its prices for long products of September output by ...

The Croatian and Slovenian markets remain under effect of weak demand, leaving no alternatives to drop of quotations. Buyers, assured that the price bottom has not been ...

India's special steel producer, Chandan Steel, postpones the launch of new steelmaking facilities of total 50,000tpy capacity from Q3 to Q4 2008. The company's representative informs that installation has not been completed yet, as supply of the equipment was ...

Exporters of Turkish long products had to resign to the downward price trend. In particular, rebar quotations have gone down by about $40-60/t in a week; wire rod and square billet have decreased in price by ...

In the middle of last month, Vietnamese company SSESteel obtained environmental approval of Vietnamese government to construct a ...

The Bahrain-based bank Gulf Finance House is said to have recently established the HadidMENA company, which will implement several earlier planned projects ...

Belarus Steel Works has cut the prices for September-output rebar to be supplied to Russia again. Compared with August, the prices for A400/A500C rebar...

The US market for long products still experiences decline of import quotations, Thus, in the past two weeks, import quotations for rebar have gone down by ...

ArcelorMittal Kryvyi Rih has for the second time reduced domestic prices for 6.5-8mm wire rod – by ...

In early September, Kazakh steelmaker ArcelorMittal Temirtau is starting producing rebar. During the adjustment works at the new bar-rolling mill, commissioned in ...