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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Saudi Arabia's Hadeed keeps longs prices for December as demand still moderate

Ex-Iran billet prices up gradually in new deals, two percent export duty implemented again

Deal prices for ex-ASEAN billet improve, though CFR prices in SE Asia still lag behind

Major steel and raw material futures prices in China - November 28, 2023

Turkish domestic rebar spot prices follow diverse trends

Turkish official merchant bar export prices decline

Rebar prices in Asia keep rising, interest in imports starts to revive

Turkish domestic rebar spot prices rise slightly

Workable billet prices from Iran unchanged  

Longs from Turkey still attractive in Romania, but local picture remains poor

Longs prices rise in Mediterranean, allocation a little tight in Africa

SE Asian importers focus on purchases of cheaper IF billet

Ex-Asia wire rod prices remain strong

Major steel and raw material futures prices in China - November 23, 2023

Turkish rebar export prices rise further, driven by costs rather than demand

Major steel and raw material futures prices in China - November 22, 2023 

Iskenderun-based Turkish mill revises rebar price to offset currency fluctuations

Turkey’s Icdas raises its wire rod prices

Turkey’s Kardemir issues its wire rod prices

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

Shagang Group raises local rebar prices by $28/mt for late November

Turkish domestic merchant bar prices rise sharply

ASEAN mills keep billet offers high as China still moves up, deals done with some discounts

Major steel and raw material futures prices in China - November 21, 2023         

Local Indian rebar prices show mixed trend amid uncertain outlook with negative bias   

Turkish domestic rebar spot prices follow diverse trends

Local Chinese longs prices continue uptrend, some stability possible

Major steel and raw material futures prices in China - November 20, 2023

Import billet prices stable in Turkey amid limited allocation, cautious optimism for next week

Longs market almost stable in Italy, but import prices rising in southern Europe

Ex-Turkey official merchant bar prices increase

Local Bulgarian longs prices follow diverse trends, allocation to be limited

Wire rod prices in Asia keep rising, though acceptance still poor

India’s RINL floats export tenders for 90 mm billets and wire rods

Major steel and raw material futures prices in China - November 17, 2023

Wire rod prices from Turkey’s Aegean region increase further

Major steel and raw material futures prices in China - November 16, 2023 

Romanian longs retail prices stable, trading locally and abroad still poor

Turkish domestic rebar spot prices increase sharply

Turkish longs export offers regain interest, prices strengthen

Import billet prices up strongly in SE Asia amid lack of cheap options after mills hike offers

Ex-India billet prices improve, but buyers’ resistance still strong in Asia

Turkey’s Kardemir sells over 30,000 mt of rebar

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

Ex-Russia billet offers up in Far East, but ex-Iran prices more competitive

Major steel and raw material futures prices in China - November 14, 2023

Ex-ASEAN billet offers remain high, only rare buyers accept hike

Local Indian rebar prices still decline, some hike attempts expected by end of Nov

Uptrend in local Chinese longs market continues, though in slower pace

Major steel and raw material futures prices in China - November 13, 2023


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.