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DAILY STEEL SCRAP: Market holds out for rebar demand recovery to support
Turkish steel mills remained largely silent in the deep-sea scrap import markets due to continued sluggish finished steel demand in both domestic and export outlets, market participants told Fastmarkets on Wednesday June 2.
June 2, 2021
·
By Cem Turken
Insights
RUSSIA REBAR: Prices keep rising on renewed construction activity
Domestic prices for steel rebar in Russia’s Central Federal District around Moscow increased again over the past week, driven by improving demand, sources told Fastmarkets on Monday March 29.
March 29, 2021
·
By Julia Bolotova
Insights
One year on – after invasion of Ukraine, Russian steel output, exports drop less than expected
Russia’s output of steel products, local demand and export sales all dropped in 2022 due to trading sanctions imposed after its invasion of Ukraine on February 24, 2022 - but the reductions were smaller than the markets expected
February 27, 2023
·
By Vlada Novokreshchenova, Elina Virchenko, Marina Shulga
Insights
Proposal to discontinue converted price assessment
Fastmarkets proposes to discontinue the converted price assessments for the following markets:
October 3, 2022
·
By Barbara O'Donovan
Insights
Proposal to discontinue further converted price assessments
Fastmarkets proposes to discontinue the converted price assessments for the following markets:
October 3, 2022
·
By Barbara O'Donovan
Insights
CMC launches RebarZero; supports end-user green goals
Commercial Metals Co (CMC) is launching RebarZero, a line of net-zero greenhouse gas emissions rebar products, the company announced on Tuesday August 30
August 31, 2022
·
By Abby Verret
Insights
DAILY STEEL SCRAP: Mills seek support from rebar market sales
Turkish steel producers continued to hold back from deep-sea scrap bookings because of limited sales of finished long steel, sources told Fastmarkets on Wednesday April 14.
April 14, 2021
·
By Cem Turken
Insights
PRICING NOTICE: Amendment to frequency of fob China rebar index
After a month-long consultation, Fastmarkets has amended the frequency for the publication of its fob China rebar index due to low liquidity in the spot market in the past year.
February 8, 2021
·
By Paul Lim
Insights
Oman’s Jindal Shadeed will invest over $3 bln in green steel plant
Oman-based long products steelmaker Jindal Shadeed Iron & Steel Oman plans to invest more than $3 billion to build a green steel plant in Oman, the company said on Sunday December 4
December 5, 2022
·
By Serife Durmus
Insights
DAILY STEEL SCRAP: Rebar exports support $9/tonne increase in Turkey scrap prices
Turkish deep-sea scrap import prices have rebounded once again with fresh bookings done following successful Turkish export rebar and billet sales, market participants said on Wednesday April 21.
April 21, 2021
·
By Cem Turken
Insights
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