South-East Asian market for ferro-silicon has been inactive since early September. After the Olympic Games came to an end, China's industry is gradually restoring, though...

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...

On September 1, Japan's JFE Steel announced that it resumes commercial production after modernization of the pipe rolling mill at its Chita Works, which focuses on manufacturing welded and seamless pipes of 177.8-426mm diameter with 4.3-55mm wall thickness...

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 square billet continues on the Polish market. The price drop in the national currency has been aggravated by the weakening of zloty rate, and hence the domestic quotations have dropped by EUR110-120/t instead of EUR80-90/t. The prices for September-output billet ex BMZ for the Polish market have also dropped – by about EUR95/t. Besides, the...

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...

Negotiations time on quarterly cost of South African charge ferro-chrome supplies to European consumers is getting close. At the start of Q3, acute deficit of ferro-chrome material was registered on the world market, and the level of spot quotations was considerably above the contract prices, which was the main reason for further increase of the benchmark contract price. The basic part of the European contracts in that period was concluded at $2.05/lb, up by $0.13/lb from April-June...

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 ...

A decrease of scrap prices is observed in the Russian market. The reasons behind the trend are as follows: absence of competition from exporters, a diversion of scrap flows from export to domestic market, overfulfilment of scrap purchase plans by some steelmaking plants in August, and also a drop of quotations for finished steel products.

Very low level of spot activity remains in the Indian ferro-alloy market. The cut of finished products prices by steelmakers in Q3 is suggesting a drop in production in ...

Demand from consumers in European market for scrap is still low, accompanied by decline of quotations. Amid unfavorable market for long products, steelmakers prefer to hold on to their wait-and-see attitude, still putting pressure on ...

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 ...

Global pipe manufacturer Tenaris plans to expand production of seamless pipes from 780,000tpy to 1.23mtpy at its TenarisTamsa plant in Mexico by 2011. The project cost is estimated at ...