March 2020

Flat Steel Products Trade Log, March 27, 2020

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products.

CHINA REBAR: Overseas buyers bid low on international billet loss

Rebar importers outside China have been asking lower prices due to the decrease in billet prices in the international market, while China’s domestic rebar prices were flat on Friday March 27 amid steady trading.

Anglo American expects 2-3mln-tonne hit to Kumba iron ore ops this year

Anglo American is expecting a production impact of 2-3 million tonnes at its Kumba iron ore operations in 2020, following a decision to operate with around half of its workforce during a 21-day lockdown in South Africa that started this week.

Long Steel Products Trade Log, March 27, 2020

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products.

Semi-finished Steel Products Trade Log, March 27, 2020

The latest bids, offers and deals in the global markets for steel billet, steel slab and bloom.

INDIA LOCKDOWN: Sail slashes production amid limited logistics, raw material supply

State-owned Steel Authority of India (Sail) has joined the list of steelmakers in the country to reduce production levels following the lockdown imposed in India earlier this week.

IN CASE YOU MISSED IT: 5 key stories from March 26

Here are five Fastmarkets stories you might have missed on Thursday March 26 that are worth another look.

CIS PIG IRON: Market down despite resumption in sales to China

The market for pig iron exports from the Commonwealth of Independent States (CIS) was much reduced in the week to Thursday March 26, sources told Fastmarkets, despite a resumption of sales to China.

Ferro-tungsten price at 2-month low in Europe on thin demand

The ferro-tungsten market in Europe fell by 9.9% to a two-month low in the first half of this week, with the spread of the Covid-19 pandemic continuing to reduce demand for tungsten products.

EUROPE HRC: Domestic prices stable in slow market, with EU in lockdown to combat Covid-19 virus

Domestic prices for hot-rolled coil have been largely unchanged in Europe due to the limited trading activity resulting from the lockdown measures put in place to combat the Covid-19 virus, sources told Fastmarkets on Thursday March 26.