September 2019

GLOBAL BILLET WRAP: Prices fall in most markets amid lower scrap prices

A plunge in ferrous scrap prices and a negative trend in most global steel markets resulted in falling billet prices in almost all regions during the week ended Friday September 13.

Brazilian slab export prices down on US flat-steel weakness

Export prices of Brazilian slab dropped this week because of weakness in the flat steel market in the United States and competition from other suppliers.

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.

IN CASE YOU MISSED IT: 5 key stories from September 12

Here are five Fastmarkets MB stories you might have missed on Thursday September 12 that are worth another look.

TURKEY STEEL BILLET: Falling scrap values drag down billet prices

Billet prices in Turkey have fallen sharply, following the decrease in imported scrap values, sources said 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.

Raging price war continues to pile pressure on Southeast Asian billet import prices

Prices in Southeast Asia’s steel billet market dipped on Thursday September 12, in response to an ongoing price war between Indian and Russian billet suppliers, sources said.

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.

Semi-finished Steel Products Trade Log, September 12, 2019

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

IN CASE YOU MISSED IT: 5 key stories from September 11

Here are five Fastmarkets MB stories you might have missed on Wednesday September 11 that are worth another look.