Iranian buyers resist another price increase for HRC from CIS Flat Products / Middle East Demand for HRC is rather slack in Iran amid heavy stocks at the northern ports of the country. Besides, Iranian government has tightened lending conditions in order to control the inflation...
8.2.2010 18:20
Spain: scrap prices stable Scrap / South Europe Buyer activity has been extremely low in the Spanish scrap market in early February. Local mills are running at low utilization rates, and require only small quantities of the material...
8.2.2010 18:17
Spain: ArcelorMittal lifts prices for "March" flats Flat Products / South Europe Flat product market in Spain is still rallying. For example, a slight revival of buying activity early in the year, partially caused by depleted stocks ...
8.2.2010 18:09
India: offer prices for import coke grow again Coal & Coke / India Offer prices for import coke to India have risen again in early February compared to late January, but almost no deals have been reported at these high prices ...
8.2.2010 18:08
Taiwan: domestic billet prices start falling Steel Semis / South East Asia Weakened demand for semis in Thailand ahead of New Year holidays and lower domestic scrap prices (minus $9-25/t in two weeks) have forced square billet suppliers to reduce quotations. Compared with late January...
8.2.2010 17:59
Ukraine: large producers leave prices for structurals unchanged Long products / CIS The largest Ukrainian producers of structural steel have set domestic prices for February at the level of last month. Despite an increase in export prices, most producers cannot raise their domestic offers on low demand...
8.2.2010 17:55
Philippines: domestic HRC prices go down Flat Products / South East Asia After a surge in the second half of January, domestic prices for flats have started moving down in the Philippines amid falling quotations of ...
Tata Steel (India) ramps up production Long products / India India’s Tata Steel raised production of crude steel in January by 14% year-on-year, from 525,000t to 596,000t, while the output of finished products grew by 11%...
Alborz Steel (Iran) plans to build three BFs Pig Iron / Middle East Iranian steelmaker Alborz Steel plans construction of three blast furnaces as part of its project on steelmaking capacity expansion...
Asha SW (Russia) maintains stable plate shipments Flat Products / CIS Russia’s Asha Steel Works is keeping production and shipments of plate high in February. This month, the company plans to produce about 45,000-48,000t of plate, practically in line with January. Domestic supplies will stay at...
8.2.2010 14:47
OEMK (Russia) reduces billet exports Long products / CIS Russia’s Oskol Electric Steel Works (OEMK) will reduce export shipments of merchant square billet in February. The total shipments are expected...
8.2.2010 14:05
CIS: exports of slabs remain high Steel Semis / CIS CIS producers are keeping export shipments of slabs at high levels amid steadily strong buying activity in foreign markets for flat steel. Higher production of semis is first of all attributed to increased demand from European and Asian re-rollers, which are the main slab consumers. Currently...
8.2.2010 13:38
Kardemir (Turkey) makes production plans for 2010 Long products / Turkey Turkey’s Kardemir plans to produce about 1.2mt of semis, 550,000t of rebar and 300,000t of rails in 2010, against 1mt of square billet and blooms...
8.2.2010 13:02
Freight market overview // 5th week, 2010 Freight / Global Early February has brought no changes to the sea-river vessels and coasters segment of the Black Sea freight market. Shipments of steel products, grain, coal and scrap are quite active, yet the available fleet exceeds transportation demand ...
MUSCO (India) to raise steel product output Long products / India India’s Mahindra Ugine Steel Co (MUSCO) plans to produce 15,000 tonnes of finished longs in February, up by 15% from January (about 13,000 tonnes)...
8.2.2010 10:54
Jiangxi Hongdu (China) to reduce production Tubes & Pipes / China China’s Jiangxi Hongdu Steelworks plans to cut output of finished products in February due to approaching New Year holidays ...
BMZ (Belarus) keeps production high Long products This month BMZ (Belarus) expects to keep its capacities running at the same high utilisation rate as last month ...
8.2.2010 09:20
Imagin Natural Resources (USA) sells coking coal to China Coal & Coke / USA US-based miner Imagin Natural Resources has signed the first contract for supply of 72,000t of hard coking coal by Panamax vessel from Newport terminal to Chinese coke plants...
5.2.2010 18:40
Domestic prices for Turkish longs drop again Billet & Longs / Turkey Extremely low demand for long products in Turkey and weaker national currency has affected domestic prices for the material ...
5.2.2010 18:38
Egyptian flats market seeing upturn of demand Flat Products / North Africa Last month’s flood in northern Egypt damaged electricity transmission lines and thus caused much trouble to local producers, which had to reduce output, working in one shift. Meanwhile, flat product stocks have decreased considerably in the country...
5.2.2010 18:31
Prices for longs fluctuate slightly in Iran Long products / Middle East Prices fluctuate slightly in the Iranian market for longs. In particular, rebar prices have risen by ...
5.2.2010 18:14
Vizag Steel (India) to cut production slightly Long products / India India’s Vizag Steel plans to produce about 260,000-265,000t of finished products in February, against 270,000t last month...
