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Semis Longs and Billet Price Analyses

You may find latest developments on Semis and all the news about Semis on SteelOrbis. Follow the latest analysis, prices, news and developments regarding both global and Turkish markets about Semis.

 
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Chinese domestic steel section prices keep fluctuating

Global View on Billet: Bearish mood prevails, but supply disruptions and rise in Chinese futures may give support

SE Asian billet prices corrected down further despite China's resistance

Turkey's billet market loses balance amid lack of prompt import cargoes, ex-Asia prices still largely unworkable

Ex-Asia billet prices fall further, but may be close to bottom

Ex-India billet prices stable, mills start to be less aggressive with focus on better local sales

India's RINL floats another export tender for 60,000 mt of billet

Local Chinese steel section prices move down slightly

Global View on Billet: Buyers at major outlets restock as prices stable or slightly down

SE Asian billet importers restock with Chinese billet after additional discounts

Ex-Asia billet trading more active with sales seen to SE Asian and MENA regions

Turkey sees higher interest in local billet amid threatened supplies from Black Sea/Azov Sea, lack of prompt cargoes

Indian mills still offer high billet volumes for export despite no price improvement

Chinese domestic steel section prices fluctuate slightly

Global View on Billet: Prices stable in Asia, slight support in MENA amid scrap rebound

SE Asian billet market silent except for new rumored ex-Iran sale at low price

Indian mills still active in billet sales overseas, but price rebound still in doubt

Billet demand in Turkey may be boosted by higher rebar price targets, but consumption subdued

Ex-China billet prices down slightly amid softening of raw material prices

Chinese domestic steel section prices fluctuate slightly amid higher billet prices and slow demand

India’s RINL floats three more export tenders for 90,000 mt of billet for July-August shipment

Global View on Billet: Mood in China slightly better, major buyers focus on cheap sources

Low-priced billet offers start to fade away in SE Asia

Turkish buyers mostly reluctant to purchase Asian billet, import deals done only for cheapest origins

Ex-China and ex-Indonesia billet prices converge as Chinese costs remain high, Indonesian sellers seek volumes

Indian mills return to billet export market with higher volume offers, but pessimistic outlook on prices

India’s RINL floats multiple billet export tenders for August shipment

Global View on Billet: Prices mainly stabilize amid firm signals from China, rebound doubtful

SE Asia’s import billet prices move down due to higher competition

Indian billet exporters target similar prices to China, trading stalls after previous deals

Turkish billet market sentiments weaken further, buyers mainly restock locally

Ex-Asia billet prices stable after previous fall, rare positive signals start to come from China

Turkish merchant bar export prices stable, wait-and-see mood amid new EU quota system

Global View on Billet: Downtrend continues as expected, trading activity slows further

SE Asian billet importers fully withdrawn from market as offers stable and too high

Billet trade quiet in Turkey amid weak rebar and scrap outlook, prices soft

Ex-India billet prices still under pressure, but sellers still have export allocations

Ex-Asia billet prices down, but sales still sporadic

Local Chinese steel section prices continue to soften slightly amid weaker billet

India’s RINL floats another billet export tender for 60,000 mt as previous auctions fail

Ex-Turkey merchant bar prices fall amid weaker import scrap and billet prices

Global View on Billet: Prices decline due to weak demand, fall in scrap prices

India’s RINL floats export tender for SAE billets for July shipment again

SE Asian import billet heads south, demand very slow even for cheaper Iranian material

Billet prices in Turkey under pressure from slow rebar sales, softer scrap prices

Ex-Asia billet prices keep losing ground slowly, demand softens even more

Indian mills still seek to push billet exports, success limited due to rare and low bids

Local Chinese steel section prices continue to soften slightly

Global View on Billet: Prices almost stable, market awaits decline with Iran’s possible return

Turkish merchant bar export prices stable ahead of new European quota round


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