November 2019

POLAND REBAR: Domestic prices rise on increase in scrap costs

Domestic rebar prices in Poland have risen over the past week, following an increase in domestic scrap prices in Europe, sources told Fastmarkets.

CHINA REBAR: Prices dip in eastern region amid output concerns

Eastern China’s rebar prices dropped slightly on Friday November 22 - the first downward movement in 10 days - amid concerns over high production rates, though futures picked up.

Long Steel Products Trade Log, November 22, 2019

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

US domestic rebar price softens despite scrap uptrend

US domestic rebar prices declined further in the two weeks to Wednesday November 20, falling to their lowest since early January 2018, while import prices narrowed downward slightly in the same comparison.

Brazilian steel use up 1.5% in October as rebar demand, imports pick up

Brazil’s apparent steel use in October reversed a four-month run of declines, led by shipments of long steel products, with new orders for rebar in particular picking up in the country since late in the third quarter and import volumes soaring during the month.

TURKEY LONG STEEL: Weak demand, costlier scrap keep prices flat

Domestic rebar and wire rod prices in the Turkish market remained fairly stable over the past week despite firming scrap prices, sources said on Thursday November 21.

EGYPT STEEL BILLET, REBAR: Prices continue climbing on strong demand

Prices for steel rebar and billet in Egypt continued to rise in the week ended Thursday November 21, with strong demand for rebar in the country, sources told Fastmarkets.

TURKEY LONG STEEL EXPORTS: Mills fail to pass on higher scrap costs in finished steel prices

The prices of long steel exports out of Turkey have remained stable over the past week, with the mills failing to reflect increases in scrap costs in their sales prices, sources said on Thursday November 21.

CHINA REBAR: Participants expect prices to drop from next month

China’s domestic rebar prices were flat on Thursday November 21 amid weak futures, little trading and fears prices will drop in the next month due to poorer demand but higher supply.

Long Steel Products Trade Log, November 21, 2019

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