September 2019

Rebar rises push Indian local billet prices up by $4 per tonne

Indian domestic secondary billet prices rose by 300 rupees ($4) per tonne week-over-week in the seven days ended Friday September 13, on the rising costs of finished long steel products and tight supply of semi-finished materials.

POLAND REBAR: Domestic prices inch down on lower scrap costs

Domestic rebar prices in Poland have moved down over the past week due to declines in ferrous scrap prices across Europe, sources told Fastmarkets on Friday September 13.

TURKEY LONG STEEL: Domestic rebar prices down on weaker scrap

Domestic rebar prices in Turkey fell over the past week due to falling scrap import values and limited demand, sources told Fastmarkets on Thursday September 12.

EGYPT STEEL REBAR, BILLET: Lower offers, lack of demand, send billet prices down

Import prices for steel billet in Egypt fell in the week ended Thursday September 12, amid lower offer prices from the Commonwealth of Independent States (CIS) in particular.

TURKEY LONG STEEL EXPORTS: Mills lower offer prices in line with falling scrap costs

Turkish rebar and wire rod export prices fell in the week to Thursday September 12, in line with the downturn in imported scrap values, sources told Fastmarkets.

CHINA REBAR: Prices flat amid inactivity

China’s rebar prices were unchanged in both domestic and export market on Thursday September 12 amid thin trading.

Long Steel Products Trade Log, September 12, 2019

The latest bids, offers and deals in the global markets for rebar, wire rod, beams and other long steel products.

EUROPE WIRE ROD: Northern Europe prices fall on weak German demand

The price of mesh-quality steel wire rod in the Northern European domestic market moved down this week amid poor demand from the key German market, sources told Fastmarkets on Wednesday September 11.

SOUTHERN EUROPE REBAR: Domestic price stable but falls expected on low scrap costs

The price of steel rebar in the domestic market in Southern Europe was unchanged this week but lower prices were expected to emerge next week because of softer ferrous scrap costs, sources told Fastmarkets on Wednesday September 11.

NORTHERN EUROPE REBAR: Prices down on weak demand, low scrap costs

The price of steel rebar in the Northern European domestic market decreased this week because of weak demand and low ferrous scrap prices, sources told Fastmarkets on Wednesday September 11.