January 2020

IN CASE YOU MISSED IT: 5 key stories from January 30

Here are five Fastmarkets MB stories you might have missed on Thursday January 30 that are worth another look.

EUROPE HRC: Mood upbeat on lack of competitive imports, good order books at mills

Domestic prices for hot-rolled coil have been fairly stable in the north of Europe, but the mood is positive, supported by good order books at the steel mills and a lack of competitive import offers, sources told Fastmarkets on Thursday January 30.

DAILY SCRAP REPORT: Market silent again, sentiment still negative

The Turkish deep-sea scrap import market has gone quiet since the recent slip in prices, sources told Fastmarkets on Thursday January 30.

TURKEY STEEL BILLET: Falling scrap values drag down prices

Steel billet prices in the Turkish market have continued to slide in line with falling imported scrap values, sources said on Thursday January 30.

TURKEY LONG STEEL: Prices down on weaker scrap import values

Domestic rebar and wire rod prices in the Turkey dropped in the week to Thursday January 30, in response to falling imported scrap prices and limited demand, sources said.

EGYPT STEEL BILLET, REBAR: Import billet prices fall, demand weak

Prices for steel billet imported into Egypt dropped again in the week ending Thursday January 30 amid weak demand, sources told Fastmarkets.

US sanctions continue to weigh on Iranian billet, slab markets

Iranian export steel billet and slab markets were slow in the week to Thursday January 30, with Chinese market participants still away for Lunar New Year and US sanctions undermining buying appetite.

TURKEY LONG STEEL EXPORTS: Market remains weak, prices set to fall further

Turkish long steel export prices remained steady over the past week, with no immediate expectations of an upturn due to falling imported scrap costs, sources said on Thursday January 30.

Low demand dents Japanese domestic, export ferrous scrap markets

Japanese scrap prices continued to tumble this week, pushed down by disappointing demand in both the domestic and export markets, sources told Fastmarkets on Thursday January 30.

Heavy rain not to significantly affect Brazil iron ore exports - companies

Heavy rainfall in the Brazilian southeastern state of Minas Gerais has caused interruptions for some railway operators transporting iron ore for exports, but the impact has been minimal, companies told Fastmarkets on Wednesday January 29.