September 2018

Global crude steel output up 2.6% in August, Worldsteel says

Global crude steel production volumes continued to rise year-on-year in August 2018, according to statistics published by the World Steel Association (Worldsteel) on Tuesday September 25.

Semi-finished Steel Products Trade Log, September 26, 2018

The latest bids, offers and deals in the global markets for steel billet, slab and bloom.

CHINA REBAR: Domestic prices flat despite billet losses

China’s domestic rebar prices remained largely stable on Wednesday September 26, even as billet prices dropped sharply.

CIS STEEL BILLET: Negative sentiment, low bids drag market down

Negative sentiment washed over the CIS export billet market on Tuesday September 25 in response to the weakening of the finished long steel markets both within the region and in competitors’ markets, Turkey in particular.

Semi-finished Steel Products Trade Log, September 25, 2018

The latest bids, offers and deals in the global markets for steel billet, slab and bloom.

GULF STEEL BILLET, REBAR: Limited demand pushes prices down

Prices for rebar and billet in the United Arab Emirates went down in the week ended Tuesday September 25, while demand continued to be limited, sources told Metal Bulletin.

CHINA REBAR: Domestic prices flat in lackluster trading

China’s domestic rebar prices were largely flat on Tuesday September 25 in line with the soft demand.

Brazilian crude steel production drops, consumption rises in August

Brazilian crude steel production decreased by 3.70% year on year in August, while apparent steel consumption grew by 11.40% in the same comparison, according to national steel association Aço Brasil.

Asian slab prices flat again on lack of market activity

Import prices for steel slab in Southeast Asia and East Asia were unchanged over the past week amid a lack of negotiations and deals.

GLOBAL BILLET WRAP: Weak demand sends prices down in most regions

Prices for steel billet in the major markets showed mixed dynamics during the working week to Friday September 21. Weak demand drove prices down in the Chinese export, Southeast Asian import and Turkish domestic and export markets.