April 2021

FOCUS: Brazil steel imports increase amid supply-demand imbalance

Brazil was a net importer of finished steel during the first quarter of 2021 for the first time since 2014 amid a domestic supply-demand imbalance, according to data from the economy ministry.

POLAND WIRE ROD: Prices inch up further in latest deals

Wire rod prices in Poland increased in the latest transactions, moving closer to official offer levels, driven by healthy demand and limited availability, Fastmarkets heard on Friday April 16.

POLAND REBAR: Producers struggle to raise prices as buyers go quiet

Steelmakers in Poland have tried to increase steel rebar prices for May bookings despite buyers’ resistance, Fastmarkets heard on Friday April 16.

CHINA REBAR: Prices in eastern China lose midweek gains

Eastern China’s domestic rebar prices dropped on Friday April 16, losing the gains made on Tuesday and Wednesday, and narrowing up by just 10 yuan per tonne from last Friday's price.

IN CASE YOU MISSED IT: 5 key stories from April 15

Here are five Fastmarkets stories you might have missed on Thursday April 15 that are worth another look.

Tata Steel to invest $34 mln to upgrade UK tube site

Tata Steel is to relocate and upgrade its steel tube-making operations at Corby in the UK as part of a £25 million ($34.4 million) investment which will give the business the best chance of a strong future, the company said on Thursday April 15.

EGYPT STEEL BILLET, REBAR: No change on construction bans slows market

The steel billet and rebar market in Egypt was slow this week because of a lack of changes to the country's construction ban, sources told Fastmarkets on Thursday April 15.

TURKEY LONG STEEL: Demand weak on Ramadan lull, more Covid-19 cases

Turkish domestic rebar prices have gone down over the past week with a slight recovery in the exchange rate of the Turkish lira against the US dollar, market sources said on Thursday April 15.

TURKEY LONG STEEL EXPORTS: Prices down on limited demand

Turkish rebar and wire rod export prices have gone down this week on limited demand for the materials, market participants told Fastmarkets on Thursday April 15.

Trade unions at Liberty Ostrava warn of industrial action

Trade unions at Liberty’s Czech-based Ostrava plant have announced a strike alert amid allegations that the plant’s emissions allowances will be lent to another Liberty-owned steel mill, Fastmarkets heard.