December 2012

China’s spot HRC prices extend gains on tight supply

China’s hot rolled coil market saw further gains on Thursday December 27, as sentiment remained strong due to lower crude steel output in mid-December

Australia sets HRC import duty on Japan, Korea, Malaysia, Taiwan

Australia’s Customs and Border Protection Service has set interim anti-dumping duties on hot rolled coil imports from Japan, South Korea, Malaysia and Taiwan.

GCC flats import prices edge up in quiet market

Offer prices on hot rolled coil imported to Gulf Cooperation Council (GCC) countries inched up this week.

GCC flats import prices edge up in quiet market

Offer prices on hot rolled coil imported to Gulf Cooperation Council (GCC) countries inched up this week.

Turkish service centre targets 1 million tonnes in 2013

Turkish steel service centre Bayik Demir plans to reach 1 million tpy of annual steel processing capacity on its cut-to-length and slitting lines by June 2013.

Turkish HDG producers push for higher prices

Turkish hot-dip galvanised coil (HDG) producers have raised their prices by $10-15 per tonne since last week.

Major Russian steelmakers' rolled product exports up 3.2%

Combined exports of the principal Russian steelmakers grew by 3.2% year-on-year to 1.96 million tonnes of rolled products, according to statistics released by Russian Steel.

CHINA STEEL WRAP: Rebar rises for first time in over a week

China’s steel market strengthened on Wednesday December 26 as longs rose for the first time in six trading days, while flats continued their rise.

Russia fridges and freezers output up 5% in January-November

Production of household fridges and freezers in Russia rose by 4.8% year-on-year between January and November to 4 million units, according to data from the Federal Statistics Service (Rosstat).