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RUSSIA REBAR: Domestic price rebound on influence of export duty
Domestic prices for steel rebar in Russia’s Central Federal District around Moscow narrowed upward by 2,000 roubles ($27) per tonne in the seven days to Monday August 16.
August 17, 2021
·
By Elina Virchenko
Insights
Turkey makes tentative return to US ferrous scrap export market
A Turkish mill in a region geographically unaffected by the earthquakes in the southeast of the country on February 6 made a return to the US ferrous scrap export market on Friday February 10
February 15, 2023
·
By Amy Hinton
Insights
China’s new stimulus gets tepid response from steel sector
China's latest consumption-focused stimulus attempts to drive downstream demand for steel products, but reception in the steelmaking industry has been lukewarm, sources in China told Fastmarkets
August 3, 2023
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By the Fastmarkets team, Jessica Zong, Alice Li, Norman Fong, Jessica Long
Insights
Steel scrap markets start hot in 2023, but major challenges remain for Turkey: 2023 preview
Given the sharp price increases recorded by several major seaborne steel scrap markets at the start of this new year, it can be easy to forget the host of structural issues still bubbling under the surface of the trade
January 13, 2023
·
By Lee Allen
Insights
Chinese HRC prices rise on improved trading
China’s hot-rolled coil steel prices increased on Tuesday March 28, with domestic trading improving from the previous week, traders told Fastmarkets
March 28, 2023
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By Zihuan Pan
Insights
Escalating Turkey sales light fire under US export, domestic scrap markets
Global deep-sea ferrous scrap sales to Turkey are ramping up at higher prices, stoking bullish sentiment for US exports and March’s domestic trade alike
February 27, 2023
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By Amy Hinton
Insights
DAILY STEEL SCRAP: Turkish mills continue to struggle with rebar sales
Turkish steel producers made no deep-sea scrap bookings on the first day of the working week, but are expected to return to the market for August cargoes soon, market sources said on Monday June 28.
June 28, 2021
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By Cem Turken
Insights
DAILY STEEL SCRAP: Weak rebar demand holds back Turkish mills
The Turkish steel mills have been staying away from deep-sea scrap purchases because of weak rebar sales and a sufficiency of scrap stocks, market participants told Fastmarkets on Tuesday June 22.
June 22, 2021
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By Cem Turken
Insights
US, UK sanctions on Russia’s Metalloinvest to have limited impact on HBI market
The latest Western sanctions arising from Russia's invasion of Ukraine will have little impact on the global hot-briquetted iron (HBI) market unless key buyers in the European Union adopt the measures, Fastmarkets understands
April 21, 2023
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By Marina Shulga
Insights
US domestic gains won’t translate to ferrous scrap exports following Turkey earthquakes
Any bolstering effect on US ferrous scrap exports from the up-month in February’s domestic trade will be tempered in the immediate aftermath of two earthquakes in Turkey — the country’s largest importing region — on Monday, February 6
February 8, 2023
·
By Amy Hinton
Insights
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