April 2020

SE Asian billet import prices plunge to 3.5-year low

Prices in Southeast Asia’s steel billet market plummeted to levels not seen since November 2016 in the past week, while countries in the region grappled with the fallout from the Covid-19 outbreak.

Semi-finished Steel Products Trade Log, April 3, 2020

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

Long Steel Products Trade Log, April 3, 2020

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

TURKEY STEEL BILLET: Domestic, import prices dip on falling scrap costs

Domestic and import steel billet prices in Turkey have continued to fall over the past week amid lower scrap costs, sources said on Thursday April 2.

EGYPT STEEL BILLET, REBAR: Billet import prices down; Covid-19 virus starts to have impact on market activity

Prices for imported steel billet in Egypt fell in the week to Thursday April 2, with market activity being stifled by the wider impact of the Covid-19 pandemic, sources told Fastmarkets.

Italy extends lockdown; steel assets expected to remain shut

The Italian government has announced it will extend the lockdown in the country to manage the spread of the Covid-19 outbreak in the country, keeping already closed steel assets shuttered.

CHINA REBAR: Domestic prices pick up after early-hour decline

China’s domestic rebar prices were flat on Thursday April 2, amid rising futures and a tumbling billet market.

Semi-finished Steel Products Trade Log, April 2, 2020

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

CIS STEEL BILLET: Daily index price lowest since October 2016

Prices in the CIS export billet market continued to slide on Wednesday April 1, in line with lower bids received amid the reduced trading activity.

Iranian billet sellers find support in GCC market

Iranian steel billet producers have returned to the market after the Nowruz break for the country’s new year celebrations, and they had new offer prices despite a state of semi-lockdown in the country due to the Covid-19 pandemic.