Tag Archives: rebar
The final determinations were issued on the trade cases against Turkey and Mexico this afternoon. The result of these determinations closely mirrored the preliminary rulings. Mexico was assessed duties ranging from 20.58% to 66.70% while Turkey was assessed a minimal duty of 0% – 1.25%. The likely result is that Mexico will continue to be […]
I was just finishing up below my comments then late last week domestic mills announced a $20/Ton increase on rebar effective June 2nd. The move was not immediately followed by all manufacturers so it is uncertain if it will “stick”. It does, however suggest that mills are bullish on their current pricing in the face […]
The Chicago Shredded Scrap finally posted down $20/ton from the prior month at $388/ton ending a long month of uncertainty and severe shifts in overall market sentiment. At one point in the last month, it looked as if scrap would “fall off the cliff” as mills were buying virtually nothing and demand in the market […]
February scrap numbers for Chicago finalized this week off $30/ton to settle at $408/Ton down from $438/Ton in January. Despite record cold temperatures taking their toll on scrap collections, poor demand from the mills on the buy side was enough to force downward pressure in recent weeks on the price. This downward trend has been […]
As January came to a close, the rebar market had seemed to cool. It may be the unprecedented cold in certain regions, coupled by the relatively slow part of the season. Or it may be the “numbness” buyers have felt enduring 4 domestic mill price increases in the last 2 ½ months. Whatever the reason, […]
Esteemed members of the steel industry, I would like to start by giving you some information about the Turkish steel industry. The Turkish Steel Exporters Association has over 700 member companies that are both exporters and producer-exporters. The primary goal of our Association is to increase our export potential and achieve sustainable competitiveness on a […]
05.12.2013 A few of the major rebar producer moved up their rebar prices from their mills up $10/ton effectively immediately with orders not on the books. All existing orders will be protected until the end of the month. The two major players in the domestic industry have pushed up pricing $30/ton since mid-October now. I […]
Jonathan Tulkoff, President of trading and marketing firm Uniwire International, Ltd., discusses the current situation and future prospects for the import/domestic dynamic in the US wire rod market.
Naci Aslan, Chairman of the Executive Board at ICDAS, shares his sentiments about the current rebar market with SteelOrbis Istanbul.
Uğur Dalbeler, General Manager of Turkey-based Çolakoğlu Metalurji AŞ and Chairman of IREPAS, discussed his high hopes for the Turkish steel market with SteelOrbis Istanbul during the fall SteelOrbis conference and IREPAS meeting.