Carbon steel©2017 MB60Carbon steelASIAN MORNING BRIEF 21/07: Base metals trend lower; LME zinc contract imperiled by reliance on NOLA stocks; Alcoa would consider restartsThe latest news and price moves to start the Asian day on Friday, July 21., 21 Jul 2017 00:05:00 GMTSeverstal earnings up 20% in Q2 on favourable price environmentRussian steelmaker Severstal’s earnings rose by 19.58% year-on-year in the second quarter of 2017, the company said on Thursday July 20., 20 Jul 2017 23:02:00 GMTLatin America's crude steel output up 2% in JuneLatin America’s crude steel production increased by 2% year-on-year in June, to 5.10 million tonnes, according to figures released by regional steel association Alacero on Thursday July 20., 20 Jul 2017 20:20:00 GMTSerbia’s Smederevo to target EU coil market after tariff exemptionSerbian steelmaker Železara Smederevo is to focus its attention on the EU coil market after the European Commission (EC) decided against applying duties to Serbian material, the company said this week., 20 Jul 2017 19:03:00 GMTSeverstal to continue HRC sales to Europe after duties beginRussian steelmaker Severstal expects to continue to make shipments of hot rolled coil (HRC) to Europe after proposed trade restrictions are imposed, cfo Alexei Kulichenko said on Thursday July 20., 20 Jul 2017 18:50:00 GMTMinimum import price on HRC imports 'will not stop dumping', Eurofer saysThe application of a minimum import price (MIP) on hot rolled coil (HRC) would not be enough to stop dumping of the material from four countries named in a trade case, European steel association Eurofer said on Thursday July 20., 20 Jul 2017 18:47:00 GMTNorthern European mills increase HRC offers on higher costs, recovering demandNorthern European steelmakers have increased their official hot rolled coil (HRC) offers on higher raw material costs and a recovery in the global flat steel market, sources told Metal Bulletin., 20 Jul 2017 09:30:00 GMTChina's HRC prices dip on futures losses, sparse tradingChina’s hot rolled coil prices fell on Thursday July 20 following a steep decline in futures and little buying interest., 20 Jul 2017 08:59:00 GMTFlat Steel Products Trade Log, July 20, 2017, 20 Jul 2017 08:15:00 GMTChina AM: Futures move up as capacity cut beats targetChina’s ferrous futures largely trended upwards during morning trading on Thursday July 20, after news that the country has completed this year’s crude steel capacity cut ahead of time., 20 Jul 2017 05:55:00 GMTCentral European HRC prices up $12 on higher raw materials costsDomestic prices for hot rolled coil (HRC) in Central Europe have moved up by €10 ($12) per tonne over the week, market sources told Metal Bulletin on Wednesday July 19., 19 Jul 2017 19:02:00 GMTSaudi Arabia’s Unicoil develops coloured thin organic coated coilSaudi Arabia’s Unicoil has begun to produce a hot dipped galvanized coil with a thin coating of organic colour, called Mogalvin CTOC, the company said on Tuesday July 18., 19 Jul 2017 18:00:00 GMTEU domestic plate offers rise on higher raw materials, slab pricesEuropean mills increased their domestic heavy steel plate offers this week, in response to rising slab and and raw materials prices, sources told Metal Bulletin., 19 Jul 2017 17:56:00 GMTItaly’s Feralpi reports 4.25% rise in crude steel output in H1 2017Italian steelmaker Feralpi has reported a 4.25% year-on-year increase in crude steel production in January-June 2017, it said on Wednesday July 19., 19 Jul 2017 17:19:00 GMTLiberty House to restart weathering steel plate production at Scottish millsInternational steel and metals group Liberty House is to restart production of heavy-duty steel plate at its Dalzell and Clydebridge plate mills in Lanarkshire, Scotland, it said on Wednesday July 19., 19 Jul 2017 16:50:00 GMTFlat steel import prices move up in Iran on reduced supplies from CISFlat steel import prices continued to move up in Iran over the past seven days, in line with the positive trend in the global market, sources told Metal Bulletin., 19 Jul 2017 16:33:00 GMTRussian domestic CR sheet prices rise on higher offersOffer prices for Russia-origin cold rolled (CR) sheet have widened upward over the past week by 1,400 roubles ($24) per tonne, while prices for hot rolled (HR) sheet have narrowed downward by less than half that amount, Metal Bulletin has heard., 19 Jul 2017 15:40:00 GMTUAE flat steel import prices rise on improved demandFlat steel import prices into the UAE increased this week, with demand in the country improving, Metal Bulletin has learnt., 19 Jul 2017 13:55:00 GMTWhat has forced China to get serious on aluminium, steel capacity cuts?The past year has seen a pick-up in Chinese government activity to close excess capacity in steel and base metals – particularly for aluminium; Jim Lennon, Red Door Research Ltd’s md, assesses whether China is really serious about closing capacity., 19 Jul 2017 10:47:00 GMTEzz Steel sees earnings increase 24% in January-March Earnings at Egyptian steelmaker Ezz Steel grew by 23.69% year-on-year in the first three months of 2017, according to a financial statement published on Tuesday July 18., 19 Jul 2017 10:25:00 GMTChina's HRC prices rise as futures regain upward momentumChina’s hot rolled coil prices erased the previous day’s losses on Wednesday July 19 as the paper market rose., 19 Jul 2017 08:23:00 GMTFlat Steel Products Trade Log, July 19, 2017, 19 Jul 2017 07:43:00 GMTChina AM: Futures advance on spot strengthChina’s ferrous futures prices moved up during morning trading on Wednesday July 19, amid strong physical markets of steel and raw materials., 19 Jul 2017 06:21:00 GMTChina’s plate export prices rise at slower paceChina’s plate export prices have increased for a fifth consecutive month on domestic gains, although the upside narrowed further., 19 Jul 2017 04:37:00 GMTChina's HRC export prices rise further on domestic market gainsChina’s export prices for hot rolled coil have risen for a sixth week on continued upward momentum in the domestic market., 19 Jul 2017 04:00:00 GMTChina’s CRC, HDG export prices rise further as domestic market strengthensExport prices for China-origin cold rolled coil (CRC) and hot dipped galvanized coil (HDG) have increased for a fifth week following a price rise in the country’s domestic market, although this came amid sparse trading activity., 19 Jul 2017 03:00:00 GMTASIAN MORNING BRIEF 19/07: LME copper prices rise on weak dollar; iron ore prices rise on production cuts; Metalloinvest launches HBI facilityThe latest news and price moves to start the Asian day on Wednesday, July 19., 19 Jul 2017 00:05:00 GMTBrazilian flat steel sales down 14.7% in JuneBrazilian flat steel sales fell by 14.70% year-on-year in June, due to the slow recovery of the country’s industrial sector, according to local flat steel association Inda., 18 Jul 2017 22:36:00 GMTPotential buyers approach Nigeria for chance to buy Ajaokuta steel millThe Nigerian government has received “more than ten unsolicited expressions of interest” in an acquisition of its troubled Ajaokuta steel mill complex, in the south-central state of Kogi, it said last week., 18 Jul 2017 19:12:00 GMTArcelorMittal, Gerdau to raise Brazilian HRC prices in JulyBrazilian flat steel producers ArcelorMittal and Gerdau will follow Usiminas’s move and increase their domestic prices for hot rolled coil (HRC), according to Carlos Loureiro, president of national flat steel association Inda., 18 Jul 2017 18:58:00 GMT