April 2017

Ukraine’s March seaborne steel exports drop 34%

Steel product volumes exported through Ukrainian seaports decreased by 33.94% year-on-year to 1.04 million tonnes in March, the country’s Sea Trade Ports Administration said on Tuesday April 11.


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China’s HRC prices accelerate their fall amid gloomy oulook

China’s hot rolled coil prices accelerated their downward spiral on Wednesday April 12 due to high selling interest.

China AM: Ferrous futures drop after release of mixed economic data

China’s ferrous futures dropped during morning trading on Wednesday April after the release of data showing Chinese PPI was down but CPI up on a monthly basis.

Chinese CRC, HDG export prices drop as domestic market weakens further

Export prices for Chinese cold rolled coil (CRC) and hot dipped galvanized coil (HDG) fell further over the past week, following price drops in the domestic market.

China’s plate export prices fall faster amid concern in securing orders for June shipments

Export prices for Chinese steel plate started to fall at a faster pace over the past week as mills struggled to secure orders for June shipments amid limited interest from overseas buyers.

Dana Steel commissions its 4th UAE steel service centre

The UAE’s Dana Steel commissioned its 4th steel service centre in the UAE, at Ajman, UAE last weekend, the company told Metal Bulletin on Tuesday April 11.

UAE flat steel import prices fall, demand still weak

Flat steel import prices into the UAE fell this week, on limited demand.

Russian domestic flat steel prices stable as demand remains low

Domestic prices for hot rolled (HR) and cold rolled (CR) steel sheet in Russia have remained stable over the past week amid slow demand, market participants said on Tuesday April 11.