December 2017

TURKEY FLAT STEEL: Some prices up, further rises expected

Some flat steel prices in Turkey increased this week - on strong demand for domestic, import and export material - and further prices rises are expected, market participants told Metal Bulletin on Friday December 22.

Flat Steel Products Trade Log, December 22, 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.

ThyssenKrupp reaches deal with union over German sites in merger with Tata Steel

German steel conglomerate ThyssenKrupp and the country's leading metalworkers union, IG Metall, have reached a deal regarding the planned 50:50 joint-venture with Tata Steel Europe, ThyssenKrupp said on December 21.

NORTH AMERICAN MORNING BRIEF 22/12: Seaborne iron ore prices rise; LME base metal prices consolidate; SHFE tin stocks

The latest metal markets news and price moves to start the North American day on Friday December 22.

South America's coil import prices stable ahead of year-end

Steel coil import prices in South America were unchanged this week, amid the arrival of the latest offers and reduced trading activity before the New Year holiday.

CHINA HRC: Domestic market picks up before the weekend

China’s domestic prices for hot-rolled coil rebounded on Friday December 22 after several days of drops after the paper market regained some strength.

China AM: Steel, iron ore futures edge up

China’s steel and iron ore futures maintained some upward momentum during morning trading on Friday December 22, while the coke and coking coal contracts retreated marginally.

Ilva to repay nearly $100 mln to Italian govt after European ruling on state aid

A European Commission investigation has found that Italy's government incorrectly applied state-aid rules in financially supporting struggling Italian steelmaker Ilva.

EUROPE FLAT STEEL OUTLOOK: Q1 domestic HRC prices to track rising offers

Transaction prices for domestic hot-rolled coil (HRC) in the European Union are expected to rise in the first quarter of 2018, with some even matching December's official offers, according to market sources.

PRICING NOTICE: Metal Bulletin and AMM ferrous pricing holiday schedule 2017

The publication schedule for Metal Bulletin and American Metal Market ferrous price assessments over the Christmas and New Year period is dependent upon location and is outlined below: