IRON ORE DAILY: Prices inch up after China posts highest-ever GDP
Iron ore prices increased on Monday January 18, supported by a news of a record-high GDP in China for 2020 and supply concerns after a fire at Vale’s Ponta da...
Steel news
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Strong fundamentals preserve momentum for seaborne iron ore concentrate, pellets
Prices for seaborne iron ore concentrate and pellets continued to strengthen last week on strong demand for high-grade materials amid production curbs to cut emissions and tight supply of the...
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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...
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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...
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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.
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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.
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China's iron ore imports up 9.5% in 2020
China’s iron ore imports increased by 9.5% in 2020 in comparison with 2019, Chinese customs data shows.
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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.
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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.
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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...