Steelmaking Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Iskenderun-based Turkish mill increases its rebar price      

Ex-India billet prices stable, but buyers try to push below $490/mt FOB

Local Turkish merchant bar prices mostly stable in local currency

Saudi Arabia’s Hadeed keeps local longs prices stable again for April

Iskenderun-based Turkish mill issues its longs prices

Lebanese rebar market quiet while import prices drop

Ex-Turkey official merchant bar prices stable

Romanian longs prices stable amid ongoing optimism for demand

Shagang Group cuts local rebar prices by $14/mt for late March

Turkey’s longs export prices stable for now, demand weak

India’s RINL floats export tender for 30,000 mt billet for end-April shipment

Turkey’s Kardemir opens and closes its rebar sales

Turkey’s Kardemir decreases its wire rod prices for engineering grade products

Turkey’s Kardemir decreases its wire rod prices

Turkish domestic dollar-based merchant bar prices soften

Turkish domestic rebar spot prices rise in local currency

Southern European longs market faces weak demand, falling prices

Local Turkish rebar dollar-based spot prices soften

Romanian longs steel prices still stable as demand remains solid

Ex-Asia wire rod prices fall, market awaits more output cuts in China to slow downtrend

Ex-India billet sellers retreat in face of declining bids

Major steel and raw material futures prices in China - March 14, 2024

Ex-Turkey rebar prices stable but still under pressure

Major steel and raw material futures prices in China - March 13, 2024

Major steel and raw material futures prices in China – March 12, 2024 

ASEAN mills keep billet export offers stable amid latest sales including slabs, China still bearish

Turkish official domestic wire rod prices mostly stable

Iskenderun-based Turkish mill revises its rebar price

Turkey’s Kardemir issues its merchant bar prices

Local Chinese longs prices lose up to $20/mt over the week amid weak demand

Major steel and raw material futures prices in China – March 11, 2024 

Shagang Group cuts local rebar prices by $14/mt for mid-March

US domestic wire rod prices trend vulnerable

Major steel and raw material futures prices in China – March 8, 2024 

Wire rod prices from Turkey’s Aegean region fall

Major steel and raw material futures prices in China – March 7, 2024 

Asian FOB-based wire rod prices stable, CFR prices in SE Asia hit new bottom

Local Turkish rebar spot prices revised to offset currency fluctuations

Bulgarian longs prices drop amid lower scrap prices, sluggish demand

Iskenderun-based Turkish mill revises its rebar price

Ex-Turkey longs prices slide further due to low demand, lower scrap prices

Major steel and raw material futures prices in China - March 6, 2024

Ex-ASEAN billet prices stable despite continued weakening of Chinese market

Iran floats another billet export tender, currency trade rules may tighten trade

Local Turkish rebar spot prices follow diverse trends

Ex-Turkey official merchant bar prices soften

Demand for Asian rebar improves after price fall, buyers seek further reduction

Shagang Group keeps local rebar prices stable for early March

Turkish domestic dollar-based rebar spot prices soften

Turkey’s Kardemir announces its rebar sales


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.