July 2021

Brazilian slab export prices down on lower CIS offers, quota issues

Slab export prices from Brazil dropped sharply, with new offers and bids affected by low-priced material from Russia and Ukraine.

US domestic, import steel beam prices rise on mill increases

Domestic and imported steel beam prices rose in the United States on Thursday July 29 after remaining flat the prior month.

US hot-rolled coil index tops $93/cwt for third day in a row

Hot-rolled coil prices in the United States topped $93 per hundredweight ($1,800 per short ton) for a third consecutive day, with the rally expected to reach new highs in coming weeks, market participants said.

US cold-rolled coil, galvanized sheet prices up; next move hinges on auto

Prices for cold-rolled and galvanized steel sheet in the United States surged to record highs - capping an unprecedented 12 months of gains - with market participants watching the timing of automotive production resumptions for clues as to availability for the remainder of 2021.

South America's flat steel import market shook by change in Chinese tax rebates

A change in China's tax rebates for several steel products brought trade to a halt in the South American coil import market, while prices continued to rise.

US PIG IRON: Negotiations intensify; buyers insist on lower prices

Negotiations in the United States' pig iron import market became more active during the week ended Friday July 30, although buyers have insisted on much lower prices than suppliers offered.

Brazil's pig iron export market retreats, catching up with global prices

Brazil’s pig iron export market declined in the week ended Friday July 30, in line with lower prices globally, sources said.

STEEL SCRAP WRAP: Turkey import price falls on high supply, weak demand

Steel scrap prices started to move downward in major international markets such as Turkey and the US East Coast export sector over the week ended Friday July 30, amid plentiful supply of scrap in some areas but tepid buying interest.

POLAND REBAR: Domestic prices stable on seasonal slowdown

Domestic prices for rebar in Poland were stable in week to Friday July 30 amid the seasonal slowdown, sources told Fastmarkets.

TURKEY COATED FLAT STEEL: Prices mostly stable

Hot-dipped galvanized and pre-painted galvanized coil prices were mostly stable in Turkey during the week to Friday July 30, amid moderate demand, sources told Fastmarkets.