US hot-rolled coil index slips from record high to under $57/cwt
Hot-rolled coil prices in the United States slipped from an all-time high to just under $57 per hundredweight ($1,140 per short ton) on Friday January 15, but remain poised to...
Steel news
-
-
VIETNAM STEEL SCRAP: Buyers withdraw amid falling market
Buyers have started withdrawing from the spot market in key importer Vietnam in the week to Friday January 15 due to growing sentiment of a price downtrend, market sources told...
-
US hot-rolled coil index hits all-time high of $58/cwt
Hot-rolled coil prices in the United States have reached their highest level in at least 60 years, Fastmarkets has learned.
-
BANGLADESH STEEL SCRAP: Mills book raft of bulk cargoes, prices inch down
Mills in Bangladesh purchased three bulk cargoes in the last week, with prices easing gently, sources told Fastmarkets on Thursday January 14.
-
US HRC price dips, but no signs of wavering yet
Hot-rolled coil prices in the United States dipped on Wednesday but held above the $54-per-hundredweight level due to ongoing tight supply.
-
Emirates Steel, Conares Steel raise rebar prices
United Arab Emirates producers Emirates Steel and Conares Steel have increased their rebar prices for February production with effect from Wednesday January 13.
-
US industry injured by PC strand imports, ITC says in final determination
Manufacturers in the United States have been materially injured by imports of pre-stressed concrete (PC) steel wire strand from Argentina, Colombia, Egypt, the Netherlands, Saudi Arabia, Taiwan, Turkey and the...
-
SOUTH ASIA STEEL SCRAP: Prices move up despite dull market
The prices of steel scrap imported into India and Pakistan moved up in the week to Friday January 8 despite a dull and uncertain market, sources have told Fastmarkets.
-
CHINA STEEL SCRAP: Stifled domestic prices restrict import trades
Sluggish Chinese domestic steel scrap prices mean there has been a large gap between bids and offers for imports of steel scrap this week, market sources told Fastmarkets on Friday...
-
TAIWAN STEEL SCRAP: China's looming presence spurs supply concerns
China's looming presence as a new buyer in the Asian seaborne scrap market has sparked concerns of tight supply in the region, including in Taiwan, sources told Fastmarkets this week.