November 2018

Sanctions put further pressure on Iran’s steel consumption, exports

The economic sanctions imposed by the United States against Iran since early August have had direct and indirect negative effects not only on the Middle Eastern country’s steel exports but also on its domestic consumption.

EUROPE HRC: Domestic prices remain under pressure from slow trading

Sentiment in the European hot-rolled coil (HRC) market has remained negative this week due to limited trading across the region, sources told Fastmarkets.

CHINA HRC: Domestic prices post small recovery

China’s domestic hot-rolled coil prices moved up slightly on Thursday November 29 but its export segment remained unchanged.

Flat Steel Products Trade Log, November 29, 2018

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 AM: Ferrous futures drop again after mid-week recovery

China’s ferrous futures retreated during the morning trading session on Thursday November 29 after a short-lived recovery a day earlier.

Ukraine steel, pig iron exports 'normal' despite martial law, steelmakers say

Steelmakers in Ukraine were continuing operations and shipments as normal on Wednesday November 28, despite the country imposing martial law at 9am local time after the latest military clash with Russia.

UAE HDG imports expected to decrease as new plants start up

The United Arab Emirates (UAE) is expected to see its imports of hot-dipped galvanized (HDG) coil decline in 2019 as new production comes on stream.

CHINA HRC: Northern China prices down on de-stocking

China’s hot-rolled coil prices were mixed on Wednesday November 28, with those in the east of the country flat but those in the north lower.

Flat Steel Products Trade Log, November 28, 2018

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 AM: Ferrous futures reverse early-week downtrend

China’s ferrous futures rose across the board during morning trading on Wednesday November 28, reversing the trend seen in the first two days of this week.