Prices for domestic steel beams in the United States were flat on Thursday August 27, while prices for imported products fell for a second month in a row on weakening demand, sources said.
28 August 2020
Robert England
Indian steel mills were likely to increase their domestic hot-rolled coil prices by about 2,000-3,000 rupees ($27-41) per tonne in September, with local demand for the commodity continuing to grow, Fastmarkets heard on Friday August 28.
28 August 2020
Suresh Nair
Brazil’s pig iron export market was active during the week to Friday August 28 amid new sales to China.
28 August 2020
Marina Shulga
European distributors of flat steel products reported a 16.50% year-on-year drop in shipment volumes in June, regional steel industry association Eurometal said on Friday August 28.
28 August 2020
Maria Tanatar
Negotiations resumed in the import pig iron market in the United States during the week to Friday August 28, but no deals have yet been concluded.
28 August 2020
Marina Shulga
The key global scrap markets improved in terms of both sentiment and prices in the week to Friday August 28, after Turkey resumed its deep-sea cargo purchases following a three-week hiatus.
28 August 2020
Lisa Gordon, Lee Allen, Paul Lim, Carrie Bone
The market for pig iron exports from the Commonwealth of Independent States was firm over the week to Thursday August 27 on resumed sales to China.
28 August 2020
Marina Shulga
The price of containerized ferrous scrap imports into India inched higher over the past week, following jitters in the market last week brought on by Turkey’s scrap-buying hiatus, sources told Fastmarkets on Friday August 28.
28 August 2020
Carrie Bone
Prices for hollow structural sections (HSS) in the United States have increased for the first time following six weeks of declines, while market participants weighed the timing and cost of recently announced price increases from tube mills.
28 August 2020
Elizabeth Ramanand
Export billet prices from the Commonwealth of Independent States region strengthened week on week, supported by rising prices in the scrap segment and the revival of customer interest, particularly in North Africa.
28 August 2020
Vlada Novokreshchenova
