July 2019

EUROPE SECTIONS: Prices flat on slow summer trading

The domestic prices for hollow steel sections in both Northern and Southern Europe were unchanged this week ahead of the seasonal summer break, sources told Fastmarkets on Wednesday July 31.

SOUTHERN EUROPE REBAR: Prices flat despite mills attempts at higher offers

The price for rebar produced and delivered in Southern Europe has remained stable over the past seven days on limited trading activity, although some mills were still attempting to increase their prices, sources said on Wednesday July 31.

NORTHERN EUROPE REBAR: Prices steady on limited market activity

The price of rebar produced and delivered in Northern Europe has remained stable over the past week because of the poor market demand, sources said on Wednesday July 31.

Brazil's CSN raises FY iron ore sales guidance to 40mln tonnes

Brazil's Companhia Siderúrgica Nacional (CSN) has increased its planned iron ore sales volumes for 2019 by 2 million tonnes or more than 5%, it said.

EUROPE BEAMS: Prices stable on slow summer market but rises set for September

Steel H-beam prices in Northern and Southern Europe were unchanged this week due to the slow summer market, but there were rumors of price increases proposed for September trading, sources told Fastmarkets on Wednesday July 31.

EUROPE HRC: Market enters holiday season on gloomy sentiment

Domestic prices for hot-rolled coil (HRC) in the EU have inched down over the past week due to slow trading, sources told Fastmarkets on Wednesday July 31.

IRON ORE DAILY: Seaborne prices fall on uncertain outlook

Seaborne iron ore prices fell on Wednesday July 31, on an uncertain outlook for the markets.

PRICING NOTICE: Launch of fob China stainless HRC, CRC assessments

Fastmarkets on Wednesday July 31 launched weekly export price assessments for stainless steel cold-rolled coil, grade 304 (2mm), fob China, $/tonne and stainless steel hot-rolled coil, grade 304, fob China, $/tonne.

COKING COAL DAILY: Chinese demand supporting prices for premium products

Chinese buying activity appears to be supporting prices for premium low-vol hard coking coal despite a bearish outlook for the market among Indian buyers who pointed to ample supply and a subdued steel market in the South Asian country.

INTERVIEW: Metinvest is my life, not just work - Yuriy Ryzhenkov

Metinvest chief executive officer Yuriy Ryzhenkov discusses with Marina Shulga the challenges the company has overcome and the strategies for its future prosperity.