Due to an error in the normalisation process, the Steel First price assessment for Northern European domestic rebar was published incorrectly on Wednesday March 4.

Amid calls for more independent, third-party references in a highly competitive international market for steel products, Metal Bulletin has upgraded its weekly fob China rebar price assessment to a daily index.

Metal Bulletin is proposing to discontinue its weekly price assessment for Algeria rebar imports, expressed in € per tonne cfr.

The European Commission (EC) has imposed definitive anti-dumping duties on high fatigue performance (HFP) rebar originating from China, with effect from Thursday July 28.

Saudi Arabia has not imported rebar in 2018 and cannot utilize its full production capacity due to weak domestic demand, Ahmed Al-Hussain, rebar director of Saudi National Committee for Steel Industry said at Fastmarkets MB’s Middle East Iron and Steel Conference in Dubai on Tuesday December 11.

There is an increasing likelihood that Russian hot-rolled coil might be sold through Chinese channels in the near term due to the mounting sanctions being imposed on Russian oligarchs and businesses, a trader in Asia told Fastmarkets on Friday March 11.

Metal Bulletin is proposing to discontinue its weekly price assessment for Saudi Arabia rebar imports $ per tonne cfr.

Key Asian markets Taiwan and the Philippines will have to rely more on higher-priced steel billet from Southeast Asia if they can no longer procure Russian material amid the ongoing Russia-Ukraine conflict, according to sources

Turkish domestic rebar prices have increased slightly in line with the rising costs for scrap and billet, sources said on Thursday November 30.

Metal Bulletin proposes to convert the weekly fob China Rebar price assessment for 12-32mm chromium-added rebar, to a daily index, starting from October 16 this year.