November 2019

TURKEY FLAT STEEL: Producers raise prices further on strong demand

Turkish flat steel producers increased their prices again during the week ended Friday November 22 on increasing raw material costs, with demand strong because of low stock levels and the expectation that prices will increase more.

TURKEY COATED FLAT STEEL: Prices up on improvement in demand

Turkish prices for hot-dipped galvanized coil (HDG) and color-coated coil, or pre-painted galvanized iron (PPGI), increased in the week to Friday November 22, with demand improving because of low stocks and the expectation that prices will rise further, sources told Fastmarkets.

CHINA HRC: Mills maintain export offers amid strong domestic market

China’s hot-rolled coil exporters maintained high offers on Friday November 22 amid price gains in the country’s eastern region.

Flat Steel Products Trade Log, November 22, 2019

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products.

EC clears acquisition of Evraz Palini & Bertoli by Marcegaglia Plates

The European Commission (EC) has approved the acquisition of Evraz Palini & Bertoli, currently owned by Russia’s Evraz, by re-roller Marcegaglia Plates, the EC said on Wednesday November 20.

EUROPE HRC: Sentiment positive with prices firm but not rising

Domestic prices for hot-rolled coil in Europe have been stable day on day, but the mood in the market remained upbeat, sources told Fastmarkets on Thursday November 21.

MMK to remain focused on domestic market in 2020

Russia’s Magnitogorsk Iron & Steel Works (MMK) plans to keep export sales low next year due to higher steel consumption in the local market and the reconstruction of a hot rolling mill, according to chief executive officer Pavel Shilyaev.

CHINA HRC: Trading activity drops on emerging caution

Trading activity in China’s hot-rolled coil market thinned on Thursday November 21, with participants exercising caution after several days of gains.

Flat Steel Products Trade Log, November 21, 2019

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products.

IN CASE YOU MISSED IT: 5 key stories from November 20

Here are five Fastmarkets MB stories you might have missed on Wednesday November 20 that are worth another look.