February 2019

TURKEY STEEL BILLET: Billet prices weaken as rebar, scrap costs fall

Turkish steel billet prices have gone down over the past week in line with the downturn in rebar and scrap values and the limited demand for material, sources said on Thursday February 28.

Trade log February 2019: Ferro-vanadium and V2O5

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.

DAILY SCRAP REPORT: New US deal sends indices down by almost $2 per tonne

Turkish deep-sea scrap prices showed a very slight decrease with the news of a fresh US cargo heard on Thursday February 28.

TURKEY LONG STEEL: Poor demand pushes domestic prices down further

Rebar and wire rod prices in Turkey’s domestic markets have continued to weaken because of sluggish demand, especially from the construction sector, sources said on Thursday February 28.

TURKEY LONG STEEL EXPORTS: Mills reduce offers on lack of demand

Turkish long steel export prices have continued to slip over the past week due to limited demand, sources said on Thursday February 28.

EGYPT STEEL BILLET, REBAR: Billet import prices fall again on weak demand, rebar prices stable

Steel billet import prices in Egypt have fallen again over the past seven days with demand remaining weak, sources told Fastmarkets on Thursday February 28.

Iranian billet price subsides with global trend; slab weak despite support

Export prices for steel billet from Iran narrowed downward over the week ended Wednesday February 27 amid negative sentiment in the global billet market, after declines in the prices for scrap and iron ore raw materials.

PRICING NOTICE: Correction to published price of Iranian export slab

Fastmarkets’ price book entry for Iranian export slab price showed an incorrect value on Wednesday February 27, which has now been amended.

IRON ORE DAILY: Prices rebound on gains in futures trading

Physical iron ore prices rose on Thursday February 28 after being soft for a week, in line with gains in the futures and swaps markets.

Steelmaking Raw Materials Trade Log, February 28, 2019

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.