March 2018

Flat Steel Products Trade Log, March 27, 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.

Eurofer calls for swift decision in EU trade case into 26 steel products

European steel association Eurofer has called for a quick decision in the region’s safeguard case investigating imported steel, it said on Tuesday March 27.

GULF FLAT STEEL IMPORTS: Prices decrease in UAE, Saudi Arabia

Flat steel import prices into the United Arab Emirates and Saudi Arabia decreased, while demand was moderate, sources told Metal Bulletin on Tuesday March 27.

RUSSIA FLAT STEEL: Traders holding back despite rise in demand

Steel traders in the central region of Russia, around Moscow, have not resumed active purchasing of hot-rolled (HR) and cold-rolled (CR) sheet this week despite a gradual demand improvement in the secondary market, Metal Bulletin has been told.

CHINA HRC: Prices stabilize on rebounding futures

China’s hot-rolled coil prices recovered some losses on Tuesday March 27 following a rebound in the futures market.

China AM: Ferrous futures recover some losses

China’s ferrous futures rose during morning trading on Tuesday March 27, with the steel contracts posting a strong recovery in particular after a week of losses.

FREE WEB SEMINAR: Managing risks with Metal Bulletin's fob China steel indices

Metal Bulletin is hosting a free web seminar on Tuesday April 10 at 2pm Singapore time to discuss Asia's steel markets.

CIS FLAT STEEL: Market freezes, trying to avoid price decline

Exporters of hot-rolled coil (HRC) and cold-rolled coil (CRC) from the Commonwealth of Independent States adopted a wait-and-see attitude toward the market in the week ended Monday March 26, trying to avoid price declines, sources told Metal Bulletin.

Usiminas shareholders nominate new executive board

The main shareholders in Brazilian flat steel and iron ore producer Usiminas, Ternium and Nippon Steel & Sumitomo Metal Corp (NSSMC), have nominated six members to the company’s executive board for the period from May 2018 to May 2020.