RESEARCH: US HRC prices to remain at record-high levels into H2 2021
The latest forecasts from Fastmarkets’ team of analysts are ready to view.
Steel news
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PRICING NOTICE: Specification changes for Southeast Asia billet price assessment
Fastmarkets is changing some of the specifications of its daily Southeast Asia steel billet import price assessment from Monday April 12.
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STEEL SCRAP WRAP: Global markets stabilize following recent price spikes
Major global steel scrap markets have started to level off in recent days following sharp increases in the preceding few weeks.
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COKING COAL DAILY: New brands offered in cfr market; demand limited
The premium hard coking coal price stayed largely flat in both the cfr and fob markets on Friday April 9 due to weak demand from end-users, market sources told Fastmarkets.
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CHINA STEEL SCRAP: Buyers consider higher bids amid renewed purchasing interest
Chinese ferrous scrap buyers are considering higher bids for imported heavy scrap, with steel mills in both east and northeast China looking to purchase more quantities in the coming weeks.
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VIETNAM STEEL SCRAP: Prices rise further on strengthening steel market
Import prices for ferrous scrap in Vietnam are still increasing due to a strengthening downstream steel market, though the rate of increase has slowed, sources told Fastmarkets on Friday April...
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FOCUS: India mulls over self-sufficient future without imported scrap
India is stepping back from importing ferrous scrap and aiming to become a more self-sufficient steelmaker. But what issues led to this change of tactics and how will it affect...
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Ferrexpo produces more than 2.7 mln tonnes of high-grade iron ore pellet in Q1
Ukraine's Ferrexpo produced 2.71 million tonnes of high-grade iron ore pellet in the first quarter of 2021, the company said this week.
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EXCLUSIVE: Tata Steel to offer shredded scrap to domestic market in India
Tata Steel’s recycling business in India is to offer domestically produced shredded material to the Indian market, adding to its existing offering, the company told Fastmarkets on Wednesday April 7.
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Truck shortages hits US steel shipments
A shortage of truck drivers and flat-bed trucks is delaying steel shipments at critical points in the supply chain and further driving up shipping costs and lead times, Fastmarkets has...