July 2019

TURKEY FERROUS SCRAP: Domestic market remains slow on summer lull

The Turkish domestic scrap markets remained mostly quiet last week due to the slow finished steel markets and the seasonal summer slowdown, sources said on Monday July 22.

US revises countervailing duties on imports of Turkish rebar

The United States Department of Commerce has revised the final dumping and subsidy margins, and cash deposit rates, to be imposed on imports of rebar from Turkey.

DAILY SCRAP REPORT: Prices up on new Baltic Sea cargo

A Turkish steel mill has completed the purchase of a new deep sea cargo, moving import prices into the country upward, sources told Fastmarkets on Monday July 22.

PRICING NOTICE: Discontinuation of Fastmarkets Stainless Steel 304 Europe Raw Materials Index

Fastmarkets has discontinued the publication of the stainless steel grade-304 Europe raw materials index, with effect from Monday July 22.

IRON ORE DAILY: Seaborne prices tumble amid restrictions in north China

Seaborne iron ore prices fell across the board on Monday July 22, amid environmental restrictions imposed on steelmakers in north China.

CHINA HRC: Final phase of Tangshan's production curbs lend strength to prices

China’s hot-rolled coil prices regained some strength on Monday July 22 after local authorities in Tangshan, the steelmaking hub in northern China, reiterated production cuts for steelmakers under their jurisdiction.

COKING COAL DAILY: Trading activity limited after active week

Trading activity in the seaborne coking coal market was muted on Monday July 22 after an active stretch last week.

Slab import prices in Asia edge down on reduced demand

Import prices for steel slab in Southeast Asia and East Asia inched lower over the past week because of sluggish demand.

CHINA REBAR: Prices rise on expected tightening of production curbs in Tangshan

China’s rebar prices increased slightly on Monday July 22 on concerns that the country’s steelmaking hub in the north would tighten production curbs over the remainder of this month.

Singapore's rebar import prices dip on low demand

Import prices for rebar in Singapore widened downward in the past week on low end-user demand.