December 2017

India’s JSW Steel plans start-up of 4.5-mln-tpy slab facility in 2019

India’s JSW Steel is to commission a 4.50 million-tpy slab production facility, at Dolvi in Maharashtra state, in mid-2019.

CHINA HRC: Domestic prices soften amid volatile futures

China’s domestic market for hot-rolled coil weakened for a second consecutive day on Wednesday December 20 following early losses in the paper market.

Flat Steel Products Trade Log, December 20, 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’s CRC, HDG export prices rise further on strong domestic market

China’s export prices for cold-rolled coil and hot-dipped galvanized coil increased further over the past week with prices in the country’s domestic market remaining firm at high levels.

China’s plate export prices gain more ground

China’s plate export prices continued to trend upward for a fourth consecutive week, albeit at a slower pace.

Brazil's flat steel sales up 2.3% in November on higher HDG shipments, Inda says

Brazilian flat steel sales increased by 2.25% year on year in November, according to Brazilian flat steel association Inda.

Flat Steel Products Trade Log, December 19, 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.

Brazilian flat steel producers mull 10-12% price increase to distributors in January

Some Brazilian flat steel producers have announced plans to raise prices to the local distribution sector by 10-12% in early January, according to national flat steel association Inda.

Marcegaglia drops out of Ilva bid over EU antitrust concerns

Italian re-roller Marcegaglia has left AM Investco, the ArcelorMittal-led joint venture aiming to buy Italian steelmaker Ilva, market sources told Metal Bulletin on Tuesday Decmber 19.

GULF FLAT STEEL IMPORTS: Demand weak in Saudi Arabia and UAE

Demand for flat steel imports into Saudi Arabia have remained slow and have also weakened in the United Arab Emirates, sources told Metal Bulletin this week.