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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...

12.3.2010 12:51

Vietnam: foreign square billet suppliers push prices up
Steel Semis / South East Asia
Foreign suppliers of square billet to Vietnam are boosting prices, referring to increasing scrap costs and limited supply. Local buyers, discouraged by the moves of foreign sellers, prefer to wait and see...

12.3.2010 11:28

AzovElektroStal (Ukraine) ramps up billet production
Steel Semis / CIS
Ukraine’s AzovElektroStal expects to scale up production of merchant square billet in March. According to preliminary data, the production target has been set...

11.3.2010 10:54

REMZ (Russia) scales up billet production
Steel Semis / CIS
Russia’s Rostov Electric Steel Works (REMZ) plans to substantially increase production of square billet this month...

10.3.2010 16:43

NTMK (Russia) keeps utilization rates stable
Steel Semis / CIS
Russia’s Nizhniy Tagil Steel Works (NTMK) plans to keep production stable this month. The company expects to melt...

10.3.2010 15:11

Novorosmetal (Russia) to raise production in March
Steel Semis / CIS
Russian steelmaker Novorosmetal continues to scale up production of merchant square billet. The company intends to produce...

10.3.2010 10:39

Vizag Steel (India) maintains February production rates
Long products / India
India's Vizag Steel maintains March production at the last-month levels on the back of stable demand and rather favourable market conditions. The company will manufacture...

9.3.2010 17:30

Turkey: longs exporters test market with new prices (Editor's Choice)
Long products / Turkey
Turkish exporters of long products continue to follow the upward trend, pointing to higher prices for scrap...

9.3.2010 16:55

Export prices for CIS billet hike by $15/t (Editor's Choice)
Steel Semis / CIS
CIS exporters continue to raise billet quotations at the Black Sea ports. In particular, prices for square billet have risen by $15/t over the past week...

9.3.2010 16:43

Thailand: billet imports rise slightly in 2009
Steel Semis / South East Asia
Thailand slightly increased imports of square billet in 2009 (by an average of 6%, to 1.395mt) compared with the previous year. In particular, CIS countries...

5.3.2010 18:47

LME: square billet quotations on the rise
Steel Semis / CIS
Square billet quotations on London Metal Exchange are moving up following growth of prices in the physical market. In particular, Mediterranean cash quotations have climbed...

5.3.2010 18:16

Elektrostal (Kurakhovo) cuts output in February
Steel Semis / CIS
Elektrostal (Kurakhovo) has reduced square billet production considerably – by 35% m-o-m, to 16,500t – in February, on irregular scrap supplies ...

4.3.2010 17:09

Export prices for CIS billet gain $20/t (Editor's Choice)
Steel Semis / CIS
CIS producers have set prices for “April” billet by $20/t higher than last week, citing growing prices for ...

3.3.2010 09:58

NLMK (Russia) to cut back production in March
Steel Semis / CIS
Russia’s Novolipetsk Steel Works (NLMK) intends to decrease steel product output this month. According to preliminary data, the company plans to melt 710,000-720,000t of crude steel, against 750,000t in February and to make about 670,000-680,000t of steel products...

2.3.2010 13:47

United Steel Industrial Company (Kuwait) to launch meltshop in Q2 2010
Steel Semis / Middle East
Kuwait’s United Steel Industrial (UNISTEEL) is now proceeding with cold trials of a new meltshop (1mtpy). The company is going to start commercial production...

2.3.2010 12:42

VISCO (Iran) raises output in February
Steel Semis / Middle East
Iran’s Vian Steel Complex (VISCO) produced 22,000t of square billet in February, by 5,000t up from the previous month ...

1.3.2010 17:28

Ilyich (Ukraine) to ramp up production in March
Steel Semis / CIS
Ukraine’s Ilyich plans to increase flat steel output by 28-31% this month, to 455,000-465,000t in view of rather high demand for the products (in foreign markets first of all). As earlier reported, the company reduced production in February...

1.3.2010 12:33

Azovstal (Ukraine) plans to scale up production In March
Steel Semis / CIS
Ukraine’s Azovstal expects to ramp up steel product output to 440,000-450,000t in March, which is by 7-10% higher than in February. It is production of merchant semis and flat products...

26.2.2010 18:03

Billet quotations continue to rise on LME
Steel Semis / Global
Last-week growth of billet quotations on LME has continued into this week amid rising prices in the physical market. In a week, Mediterranean cash quotations have climbed...

25.2.2010 17:47

South Korea: billet suppliers from CIS take tough stance
Steel Semis / South East Asia
Despite virtually non-existent business in South Korean market for billet and buyers' attempts to beat prices down ...

25.2.2010 14:49

Volga-FEST (Russia) to lift shipments in March
Steel Semis / CIS
Russian steelmaker Volga-FEST plans to scale up production and shipments of merchant square billet in March. According to preliminary data, the company will produce...

25.2.2010 11:37

Vietnam: foreign billet suppliers manage to partially realize announced increase
Steel Semis / South East Asia
Vietnamese customers are showing little interest in import semis after the New Year holidays, which has allowed foreign suppliers to only partially realize the price increase, announced two weeks ago. However...

25.2.2010 11:06

Turkish longs exporters take a break to revise prices (Editor's Choice)
Long products / Turkey
Scrap prices to Turkey have increased this week by $10-15/t, to $345-350/t ñ&f, and caused a rise in semis prices to local buyers. Market participants report prices for square billet have grown...

23.2.2010 16:39

Thai billet suppliers unable to lift prices on weak buying activity
Steel Semis / South East Asia
In spite of coming construction season in Thailand, semis suppliers have failed to raise prices amid weak demand since political instability in the country has delayed financing of state construction projects...

22.2.2010 15:35

MMK (Russia) launches new steelmaking facilities
Steel Semis / CIS
Russia’s Magnitogorsk Steel Works (MMK) launched a new ladle treatment complex including a ladle furnace and a two-station vacuum degasser at its BOF-shop in the middle of February. The contract for equipment supply...

19.2.2010 17:48

LME: billet quotations head up
Steel Semis / Global
Quotations for square billet are rising on London Metal Exchange. Amid growth in the Turkish physical market, cash prices for Mediterranean billet have increased...

19.2.2010 13:34

REMZ (Russia) maintains January production levels
Steel Semis / CIS
Russia’s Rostov Electric Steel Works (REMZ) expects to maintain production in February at the last-month levels. According to preliminary data, the company expects to produce up to 45,000t of merchant square billet...

19.2.2010 10:41

Yolbulan Bastug Metalurji (Turkey) continues construction
Steel Semis / Turkey
Construction of a new Turkish plant Yolbulan Bastug Metalurji continues. The plant will be equipped with a steelmaking complex (1.3mtpy) at a site near Iskenderun...

18.2.2010 15:53

Corus (UK) to start mothballing of TCP
Steel Semis / Western Europe
British-Dutch steelmaker Corus plans to begin this week to mothball its UK-based Teesside Cast Products subsidiary producing semis ...

16.2.2010 16:28

South Fars Steel (Iran) delays construction indefinitely
Steel Semis / Middle East
New Iranian company South Fars Steel has postponed indefinitely the construction of 1.2mtpy steelmaking plant ...

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