January 2017

Venezuela's HBI export prices fall as market activity picks up

Export prices for Venezuela-origin hot briquetted iron (HBI) have fallen at the end of January, as reports of market activity surfaced.

HIGHLIGHTS: Chinese New Year, low scrap prices in Turkey, iron ore output data, Trump...

Metal Bulletin reviews some of the key news and price moves from the past week in the global steel market.

Brazilian pig iron export prices down in new deals

Brazilian pig iron export prices have fallen this week, despite there being fresh deals and offers, Metal Bulletin has heard.

CIS export prices for high-manganese pig iron down on weak Turkish scrap

Export prices for high-manganese pig iron in the CIS have fallen over the past week, with a plunge in import prices for Turkish scrap being attributed as the reason behind the fall.

East Asia's stainless steel prices flat on absence of participants

East Asia’s stainless steel import prices remained flat over the past week amid an absence of major participants ahead of the Chinese New Year holiday.

China’s stainless steel prices pushed up ahead of holiday

Domestic stainless steel prices in China have moved up in the past week as an absence of buyers in the market led whatever remaining sellers to raise their offers ahead of the Chinese New Year holiday that starts on Friday.

World DRI output down 8% in 2016, Worldsteel says

Global output of direct reduced iron (DRI) fell by 7.84% year-on-year in 2016, according to the World Steel Assn (Worldsteel).

CIS export pig iron prices largely stable in ‘silent’ market

CIS pig iron export prices remained largely unchanged over the past week, as market activity has remained slow.

Ukraine’s December seaborne steel exports drop 11%

Steel product volumes exported through Ukrainian seaports decreased by 11.07% year-on-year to 1.23 million tonnes in December, the country’s Sea Trade Ports Administration said on Tuesday January 17.