May 2018

Mexico takes 'reciprocal measures' against US over steel, aluminium tariffs

The Mexican government will take reciprocal measures against the United States, following the imposition of Section 232 duties on steel and aluminium imports from the country, the economy secretariat said on Thursday May 31.

Canada starts trade probe into cold-rolled steel from China, South Korea, Vietnam

The Canadian International Trade Tribunal on Monday May 28 started its preliminary injury inquiry into imports of cold-reduced flat-rolled carbon steel products from China, South Korea and Vietnam.

CHINA HRC: North China prices increase on good demand

Northern China’s hot-rolled coil prices increased on Thursday May 31 amid good demand, while those in eastern China were unchanged.

Japan’s steel exports down 5.5% in April

Japan’s iron and steel export volumes fell 5.5% year on year to 2.84 million tonnes in April, according to statistics from the Japan Iron & Steel Federation (JISF) released this week.

Flat Steel Products Trade Log, May 31, 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 mostly up despite May's lower steel PMI

China’s ferrous futures mostly edged up during morning trading on Thursday May 31 despite a drop in the latest steel purchasing managers’ index (PMI).

China’s daily crude steel output reaches 2 million tonnes in mid-May

China’s major steel mills raised their daily crude steel output rates again in mid-May on good demand and healthy profit.

Flat steel import prices in US fall amid looming Section 232 tariffs on EU, Canada, Mexico

Prices for imported flat-rolled steel in the United States fell ahead of widespread anticipation that the Trump administration will end exemptions from Section 232 tariffs and quotas for Canada, Mexico and the European Union.

EUROPE PLATE: Domestic prices slide in South on limited trading, lower slab costs

Domestic prices for heavy steel plate in Southern Europe have decreased over the past week due to slow demand and the lower cost of steel slabs, sources have told Metal Bulletin.

EUROPE HRC: Domestic prices stabilize as buyers hold back from imports

Domestic prices for hot-rolled coil (HRC) have been stable in Europe over the past week with only limited demand for imports, sources have told Metal Bulletin.