March 2017

STEEL WEEK IN BRIEF: Iron ore prices down, coking coal prices recover, steel trade flows series...

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.

Latin America's CRC, HDG export prices up on new offers

Latin American export prices for cold rolled coil (CRC) and hot dipped galvanized coil (HDG) pushed up this week on renewed offers from Brazil.

Latin America's steel trade deficit with China falls 30% in 2016

Latin America’s steel trade deficit with China dropped by 30.30% in 2016 on an annual basis due to reduced import volumes of steel products, regional steel association Alacero said on Thursday March 30.

Turkish flat steel imports down by 21% in February

Turkey imported 565,175 tonnes of flat steel in February 2017, down by 20.82% from the same month in 2016 when 713,821 tonnes arrived in the country.

Turkish flat steel exports up 64% in February

Turkey exported 312,247 tonnes of finished flat steel in February 2017, according to the latest figures available from the Turkish Statistical Institute (TUIK).

Demand for Turkish flat steel decreases in local, export markets

Demand for flat steel in Turkey’s domestic and export markets was poor this week, with prices mostly stable, Metal Bulletin has heard.

South America's flat steel import prices down on thin trading, lower offers

Import prices for flat steel products in South America have all dropped this week amid thin trading and lower offers from China.

Turkish coated coil prices fall with weakening demand

Coated coil prices in Turkey’s domestic market have fallen this week as demand softened in both the local and export markets, Metal Bulletin has heard.

EUROPE FLAT STEEL WRAP: Q2 to bring price stability despite downward sentiment

Domestic prices for hot rolled coil (HRC) in the EU will remain stable in the second quarter of 2017 despite negative sentiment prevailing in the market at the start of the year.