August 2019

US cold-rolled coil, galvanized steel markets brace for Q4 slowdown

Cold-rolled coil prices in the United States were steady on Thursday August 29, while hot-dipped galvanized pricing slipped modestly.

US domestic, import beam prices fall on mill cuts, offers

Steel beam prices in the United States have fallen in tandem with recent mill cuts, while fresh offers have lowered import prices.

Brazilian slab prices stable amid reviving US demand

Brazilian slab export price remained stable this week, with information of the first fresh deals to the United States at higher levels circulating later in the week.

US structural tubing prices flat; September levels in doubt

Prices for domestically produced structural tubing in the United States have been steady, with price-protection expiration dates on the most recent increase passing.

South America flats imports hit by China fall, lower offers

South American flat-rolled steel import prices continued to fall during the past week amid a continuing downtrend in China and discounted offers from other regions.

WEEKLY SCRAP WRAP: Global prices fall on weak demand, downtrend likely to continue

Ferrous scrap prices around the world fell over the week ended Friday August 30 on thin buying interest from end-users, which expected more price falls so were not eager to purchase materials.

Brazilian pig iron export price down on weak scrap market

The Brazilian export price for pig iron has fallen over the past week on poor sentiment among buyers due to weakness in the scrap market, sources told Fastmarkets on Friday August 30.

POLAND REBAR: Prices stable while market activity starts seasonal recovery

Domestic rebar prices in Poland remained unchanged this week with market activity just beginning to recover after the seasonal summer slowdown, sources told Fastmarkets on Friday August 30.

EUROPE ALLOY STEEL SURCHARGES: September values surge on nickel price rise

The monthly European alloy steel surcharges for September have surged upward from the August levels on higher nickel prices, Fastmarkets heard on Friday August 30.

EUROPE STAINLESS STEEL: Prices widen upwards while mills confirm September surcharge spike

Grade-304 stainless steel flat product prices in Europe widened upwards this week, while mills confirmed that alloy surcharges for September would increase substantially, sources told Fastmarkets on Friday August 30.