December 2014

China’s rebar prices up further in the east on strong futures

China spot rebar prices rose in the east on Wednesday December 31, buoyed by the strong futures performance over the past two days.

China AM: Futures slide amid divided outlook

China’s steel and steelmaking raw material futures softened slightly during morning trading on the last day of 2014, with market participants’ outlook for the new year remaining diverged.

2015 OUTLOOK: No bright spot for Southeast Asian billet prices

Fundamentals for billet in Southeast Asia are bearish amid China’s overcapacity, but a potentially positive factor may emerge early next year when Beijing settles its export rebate policy for alloy steel.

Metinvest’s Mariupol mills to fix raw materials disruptions by end January

Ukrainian steelmaker Metinvest’s two flat steel mills in Mariupol, which are experiencing raw material shortages due to a disruption to the railway connection between the mills and the port, are working to resolve the problem.

Turkish rebar offers to UAE rise, buyers unwilling to book

Turkish rebar offer prices to the UAE rose this week, but buyers were not willing to book ahead of the new year holidays.

Kardemir announces its Q1 2015 sales plan

Turkish integrated long steel producer Kardemir has announced its sales plan for the first quarter of 2015, according to a note filed with the country’s Public Disclosure Platform (KAP).

China’s rebar prices up on futures' night session gains

China’s spot rebar prices rose on Tuesday December 30 following a solid night session that saw the long steel product’s most-traded futures contract rise to its daily limit.

Japan’s steel exports fall again after rises in September, October

Japanese steelmakers reported a 2.9% year-on-year decrease in iron and steel exports in November on the back of lower shipments to both China and Taiwan.

China AM: Futures continue rise after robust night session

China's steel and raw materials futures continued to rise in morning trading on Tuesday December 30, after a strong performance during the new night session.