December 2018

Turkish flat steel imports down by 53% in Nov

Turkey’s imports of flat steel decreased by 52.69% year on year in November 2018, the Turkish Statistical Institute (TUIK) said on Monday December 31.

China’s daily crude steel output edges up in early December [CORRECTED]

Major Chinese steel mills’ daily crude steel output increased slightly in early December, while their finished steel inventory levels were lower.

Turkey’s Yildiz Iron & Steel starts CRC production

New Turkish flat steel producer Yildiz Iron and Steel started production of cold rolled coil (CRC) in early December, the company said last week.

Turkish crude steel output down 2.1% in Nov

Turkey produced 3.10 million tonnes of crude steel in November 2018, a 2.1% decrease compared with November 2017, according to the Turkish Steel Producers Association (TÇÜD).

Brazil's apparent steel use up 6.90% year on year in November

Brazil's apparent steel consumption increased by 6.90% year on year in November, to 1.70 million tonnes, mostly due to an improved performance in the flat steel sector, according to the national steel association Aço Brasil.

STEEL WEEK IN BRIEF: Rising DR pellet demand, declining European HRC prices, delayed EU safeguarding decision…

Fastmarkets reviews the major stories that have affected the steel market during the week ended Friday December 21.

MEIS 2018: Five things we learned

Fastmarkets MB hosted the 22nd Middle East Iron & Steel conference in Dubai last week. Here are five things we learned...

Global crude steel output up 6% in November, Worldsteel says

Global crude steel output continued to rise on a year-on-year basis in November 2018, according to statistics published by the World Steel Association (Worldsteel) on Thursday December 20.

HOTTER ON METALS: Aluminium’s Section 232 winners and losers

It’s been nine months since the United States announced Section 232 tariffs, and over six months since a 10% tax was applied to imports of aluminium from Canada, Mexico and the European Union.

AIIS questions Section 232 constitutionality at CIT hearing

A steel trade group argued that the statute under which the US Section 232 tariffs on steel and aluminum imports were issued was unconstitutional, according to oral arguments during a US Court of International Trade (CIT) hearing on Wednesday December 19.