December 2012

CIS billet prices rise $10-15 for remaining January output

CIS billet prices pushed up $10-15 to $520 per tonne fob Black Sea before January output was sold out, sources told Metal Bulletin sister publication Steel First.

2013 OUTLOOK: Steel industry in CEE region faces another difficult year

This year was a difficult one for the steel industry and markets in Central and Eastern Europe (CEE), even though some parts of the region were better able to deflect the effects of the continent’s debt crisis.

CIS billet prices up $10-15 for remaining January output

CIS billet prices pushed up $10-15 to $520 per tonne fob Black Sea before January output was sold out, sources told Steel First.

NOTE TO SUBSCRIBERS: Steel First Daily on January 1, 2

Due to public holidays at the start of 2013, we will not send out our daily email newsletter on January 1 or January 2. Normal service will resume on January 3.

CHINA STEEL WRAP: Market firms at year-end

China’s spot steel market held steady on the last trading day of the year as positive manufacturing data and rising raw materials costs buoyed sentiment.

China’s spot rebar prices stable on positive China data, high costs

Spot rebar prices were stable on Monday December 31, supported by high raw material costs and strong manufacturing data.

Turkish long steel prices advance on costlier scrap

Turkish long steel prices continued to increase on the back of strengthening imported scrap prices.

CHINA STEEL WRAP: Flats remain firm while longs weaken

China’s spot steel market ended the week mixed, as flats held steady, while longs halted two days of rises.

China's spot rebar market cools after two days of gains

Momentum slowed in China’s longs market on Friday December 28, halting two consecutive days of rises.