December 2017

ArcelorMittal raises coil product prices in Northern Europe, other areas to follow

ArcelorMittal has increased its prices for flat steel products in the EU, trading sources told Metal Bulletin on Tuesday December 12.

GULF FLAT STEEL IMPORTS: Demand remains weak in Saudi Arabia, strong in UAE

Demand for flat steel imports into Saudi Arabia remained slow this week, but was strong in the United Arab Emirates, Metal Bulletin has learned.

RUSSIA FLAT STEEL: HR, CR sheet prices down again on low end-user demand

Prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia have fallen again due to low demand from end users, sources told Metal Bulletin this week.

Flat Steel Products Trade Log, December 12, 2017

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, steel plate, steel sheet and other flat steel products.

CHINA HRC: Domestic market cools down after early-week surge

China’s domestic market for hot-rolled coil cooled down on Tuesday December 12 after trading activity dipped in the wake of the sharp price increases a day earlier.

Argentina's domestic HRC prices edge up on currency movements

Domestic prices for hot-rolled coil in Argentina have increased this month, while those for other products remained stable, sources told Metal Bulletin.

China AM: Ferrous futures continue downtrend

China's ferrous futures fell during morning trading on Tuesday December 12 as new production cuts on mills in the country emerge in several cities.

CIS FLAT STEEL OUTLOOK: Prices to rise on Chinese exports, better demand

Prices for hot-rolled coil (HRC) and cold-rolled coil (CRC) from the CIS region are expected to rise in December on the upward trend in the Chinese export market and higher demand in other key markets.

CIS FLAT STEEL: Mills increase offer prices on better demand

CIS suppliers of hot-rolled coil (HRC) and cold-rolled coil (CRC) have increased their prices amid better demand and higher offers from competitors.

INTERVIEW: UAE’s Al Ghurair Iron & Steel seeks protectionism, expects better demand in the region

Steel demand in the Middle East will keep growing in 2018 and beyond, but the region needs trade protection measures to support local producers, according to United Arab Emirates-based Al Ghurair Iron & Steel (AGIS).