Here are five Fastmarkets stories you might have missed on Tuesday August 31 that are worth another look
31 August 2021
Fastmarkets MB staff
Hot-rolled coil prices in the United States drifted lower - but still held above $96 per hundredweight ($1,920 per short ton) for a fourth straight business day - after service centers reported better availability and some shorter lead times.
31 August 2021
Dom Yanchunas
Mexican steel scrap prices continued to decrease in the week ended on Friday August 27, as most steelmakers applied price cuts because of competition from imported material.
31 August 2021
Felipe Peroni
The mood in the European hot-rolled coil market soured in the week ended Friday August 27 after both buyers and producers started to return after the summer holiday in August.
31 August 2021
Maria Tanatar
The European hot-rolled coil (HRC) market remained calm on Tuesday August 31 while buyers remained in a “wait-and-see” mode, sources told Fastmarkets.
31 August 2021
Maria Tanatar
Flat steel imports into the United Arab Emirates and Saudi Arabia were mostly at decreased offer prices during the week ended Tuesday August 31, while the uncertainty about the direction of prices continued, sources have told Fastmarkets.
31 August 2021
Serife Durmus
With Italian steelmaker AFV Beltrame Group’s recently announced investment in a new green steel plant in Romania, chief executive Carlo Beltrame is looking to futureproof the company ahead of the upcoming green steel revolution. In discussion with Fastmarkets’ Carrie Bone, he outlined the changes and challenges anticipated for decarbonizing the steel industry.
31 August 2021
Carrie Bone
Export prices for steel billet from the Commonwealth of Independent States region continued to decrease in the week to Tuesday August 31 with the market lacking support, Fastmarkets has heard.
31 August 2021
Vlada Novokreshchenova
Steel billet and rebar prices in the United Arab Emirates decreased on Tuesday August 31 while demand for rebar improved, sources told Fastmarkets.
31 August 2021
Serife Durmus
Volatility in steel markets continues to build into the last four months of 2021, with the recent plunges in iron ore prices affecting the wider ferrous supply chain.
31 August 2021
Jessica Zong, Paul Lim, Alex Theo, Min Li, Zihao Yu
