November 2017

EUROPE PLATE: Prices under pressure from poor demand

Domestic prices for heavy steel plate in Europe have been under pressure from limited trading activity in the region, sources have told Metal Bulletin.

EUROPE CRC: Domestic prices stable against higher offers

Domestic prices in Europe for cold-rolled coil (CRC) have been largely unchanged over the past week although domestic mills have pushed their offers upward, sources told Metal Bulletin on Wednesday November 29.

EUROPE HRC: Buyers resist Southern European mills' price increases

Domestic steel mills in Southern Europe have sought to impose higher prices for hot-rolled coil (HRC), but these have not been reflected in deals, sources told Metal Bulletin on Wednesday November 29.

LATIN AMERICA FLAT STEEL WRAP: China sets tone of import markets

Expectations of winter output cuts in China have set the tone for the South American flat steel market during November.

Iran's seven-month steel imports shrink 33% on lower HRC deliveries

Iran imported 1.15 million tonnes of steel products over the first seven months of the current Iranian year (April-October 2017), down by 33% year-on-year, according to a report from the Iranian Steel Producers Association (ISPA).

NORTH AMERICAN MORNING BRIEF 29/11: Copper TC/RC benchmark forecast; HKEX expands in Singapore; Turkey’s anti-dumping duty on Chinese plate

The latest metal markets news and price moves to start the North American day on Wednesday November 29.

ArcelorMittal Dunkirk site set to achieve record high liquid steel output in 2017

Liquid steel output at ArcelorMittal’s integrated site in Dunkirk, northern France, will hit a record annual high in 2017, Eric Niedziela, the firm’s country head for France, said this week.

Turkey imposes anti-dumping duty on Chinese plate

Turkey's Ministry of Economy imposed anti-dumping duties of 16.89-22.55% on heavy steel plate imports from China with effect from Wednesday November 29.

CHINA HRC: Domestic prices up on strengthening paper market

China’s domestic prices for hot-rolled coil (HRC) increased for a third consecutive day on Wednesday November 29 as the paper market strengthened throughout the session.

China AM: Futures advance across the board [CORRECTED]

China’s ferrous futures all trended higher during morning trading on Wednesday November 29, with the May contract of coke replacing the January one as the most traded.