December 2013

CHINA STEEL WRAP: Prices flat on New Year's Eve

China’s spot steel prices were stable on Tuesday December 31 with major mills expected to announce their pricing policy for early January.

India's RINL adds round billet capability to output with new meltshop

India’s second largest government-owned steel company, Rashtriya Ispat Nigam Ltd (RINL) has commissioned its second steel meltshop (SMS-2).

China’s spot rebar prices unchanged amid New Year's Eve lull

China’s spot rebar prices were stable on Tuesday December 31 amid a quiet market with major mills expected to announce their price policy for early January.

LME BILLET REPORT: No change in steel billet contract, cash prices, stocks

The London Metal Exchange’s three-month steel billet contract price stood at $285-295 per tonne on Monday December 30, unchanged from December 18.

CHINA STEEL WRAP: Rebar prices down amid drop in futures market

China’s spot rebar prices fell on Monday December 30 amid a quiet market and tumbling steel futures while those for hot rolled coil held steady.

China’s spot rebar prices down amid slump in futures market

China’s spot rebar prices fell on Monday December 30 amid a quiet market and tumbling steel futures.

CHINA STEEL WRAP: Prices down on the week

China’s spot steel markets lost ground this week as tight cashflow and weak demand softened sentiment.