Steel Prices / Market Analyses
The antidumping petition filed by some domestic US steel mills against rebar imported from Turkey and Mexico hit the news headlines in early September. In addition to their claims of dumping of Turkish rebar at low prices in the US market, the US mills in question also allege that Turkish exporters have received subsidies and […]
By Eunice Ouyang Editor, SteelOrbis China According to China’s Xinhua News Agency, till August 19, the Xinhua-China Iron Ore Price Index for imported iron ore with 63.5 percent iron content was at 138 points, up 24.32 percent or 27 points compared to the index of 111 till June 3. While, till Aug 26, the Xinhua-China Iron Ore Price Index […]
By Eunice Ouyang Editor, SteelOrbis China The Entry-Exit Inspection and Quarantine Bureau of China’s Hebei Province announced on Aug 14 that the largest steelmaking province in China, Hebei province imported 9.63 million mt iron ore in July, up 23.15% year on year, up 28.42% on monthly basis, which hit the record new high of imported […]
The 68th meeting of IREPAS (International Rebar Exporters and Producers Association) was held in Doha on March 3-5, 2013. There were 76 producer representatives amongst the 210 registered delegates from 60 different countries. You can watch the first session here: [youtube=http://youtu.be/SrBwHz3zRr8]
US domestic flats market loses steam in late January Flat rolled steel demand in December of last year was surprisingly strong across the board—demand at the mill, service center, trading and end-use levels allowed for US domestic flat rolled mills to push for their announced price increases throughout the final weeks of 2011.
US rebar mills hold steady in the face of surging January imports Although it took quite a long time for US domestic rebar prices to catch up to the announced increase for January shipments, US mills nevertheless increased transaction prices again for February once January scrap prices posted an increase.
US domestic scrap prices retreat in February After increasing substantially in early December, scrap dealers expected prices to surge again the following month and therefore held inventories back. But when US domestic mills came into the market in early January, it was evident that scrap dealers may have held back too much inventory and availability—particularly […]
A glimpse of which 2012 North American steel industry developments will have the greatest impact in the market.