June 2020

EGYPT STEEL BILLET, REBAR: Billet import price dips on unimproved demand

The billet import price decreased in Egypt because of lower offers and bids in the week to Thursday June 25, sources told Fastmarkets.

EUROPE HRC: Transaction prices firm but mills target price rise

Domestic prices for hot-rolled coil in Northern Europe remained fairly stable on Thursday June 25 from the day before, although steelmakers were looking for a price rise, sources have told Fastmarkets.

Iranian billet exporters keep offers firm but bids slide amid softer demand

Iranian billet producers maintained offers to overseas customers in the week to June 24, supported by demand in the domestic market, Fastmarkets learned.

TURKEY STEEL BILLET: Prices down on weak demand

Turkish billet prices have gone down over the past week because of poor demand and expectations of a downturn in the price for scrap feedstock, market sources said on Thursday June 25.

TURKEY LONG STEEL: Domestic prices down on weak demand

Turkish domestic long steel prices have fallen over the past week due to soft demand, sources said on Thursday June 25.

RESEARCH: Key takeaways from the latest Steel Raw Materials Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Industrial action at Tata Steel's Dutch operations pause for negotiations

Striking workers have put all industrial action at Tata Steel IJmuiden on hold until Friday June 26 to negotiate with management, Dutch trade union FNV Metaal said this week.

BANGLADESH STEEL SCRAP: Import prices down following fresh US cargo

Prices for deep-sea origin steel scrap imported to Bangladesh fell over the past week after a new sale from the United States closed at lower numbers, market sources told Fastmarkets on Thursday June 25.

IRON ORE DAILY: Seaborne prices flat amid Chinese holiday

Seaborne iron ore prices were flat on Thursday June 25 amid a public holiday in China to mark the Dragon Boat Festival.

COKING COAL DAILY: Prices flat amid muted Chinese market [CORRECTED]

Seaborne premium hard coking coal prices were unchanged on Thursday June 25 amid an absence of Chinese market participants due to a public holiday in China to mark the Dragon Boat Festival.