December 2015

Egyptian steel market silent, awaiting new prices next week

The steel market in Egypt was silent this week as buyers were in holiday mood due to the impending New Year celebrations.

East China’s rebar market surges on the week amid short supply

China’s spot rebar markets continued to gain ground on Thursday December 31 as traders pushed up prices amid tight supply.

China AM: Futures up on spot market surge

China’s steel and steelmaking raw materials futures went up across the board during morning trading on Thursday December 31 following solid gains in the spot steel market a day earlier.

2015 REVIEW: The dilemma facing Asian EAF mills

Steel executives at electric arc furnace (EAF) mills in Asia have been faced with a difficult dilemma in 2015, of whether to produce or not produce steel.

INTERVIEW: China dumps steel, Turkey does not, Çikrikçioglu says

Low-priced Chinese imports are one of the most critical problems facing the Turkish and global steel industry, according to the deputy chairman of the Turkish Exporters Assembly (TIM) and the Turkish Steel Exporters’ Assn.

Ezz Steel sees earnings increase 6% in Jan-Sep

Earnings at Egyptian steelmaker Ezz Steel increased by 6% year-on-year in the first nine months of 2015, the company said on Wednesday December 30.

China’s rebar market surges on tight supply, pre-holiday restocking

Chinese spot rebar prices soared on Wednesday December 30 as buyers returned to the market to restock ahead of the three-day break this weekend at a time of low supply.

Vietnam initiates probe on imported billet, long steel

Vietnam has initiated a safeguard investigation on imports of billet and long steel products into the country.