September 2018

STEEL WEEK IN BRIEF: Record global rebar demand, excess steel capacity…

Metal Bulletin reviews the major stories that have affected the steel market during the week ended Friday September 21.

WEEKLY SCRAP WRAP: Prices move up on good demand and thin supply

The majority of global scrap prices moved upward on good demand and thin supply in the week ended Friday September 21.

US PIG IRON: Mixed expectations in scrap, HRC markets push pig iron prices down

The pig iron import market in the United States continues to move down on mixed expectations of the future trends in prices for scrap steel and hot-rolled coil (HRC).

EUROPE ALLOY STEEL SCRAP: Austenitic prices reflect stabilizing nickel costs

Austenitic alloy steel scrap prices were largely stable this week in Europe and the UK, with nickel prices having more or less flattened out after losses in late August and early September.

UK SCRAP: Light iron market supported by higher export prices

Prices for light iron scrap in the United Kingdom have been stable over the past week, with small but steady increases in export prices to key export destinations such as Turkey and the Indian subcontinent supporting the domestic market, sources told Metal Bulletin.

INDIA IMPORT SCRAP: Market subdued by currency issues, prices inch up $1

Prices for ferrous scrap imported into India inches up by less than $1 per tonne this week, with currency issues keeping the market subdued, sources told Metal Bulletin on Friday September 21.

DAILY SCRAP REPORT: Turkish mills book cargoes at slightly higher prices

The Turkish steel producers have resumed their purchases from the deep-sea scrap market with slightly higher prices, sources told Metal Bulletin on Friday September 21.

IRON ORE DAILY: Seaborne market muted ahead of China holiday

Seaborne iron ore trading cooled further on Friday September 21, ahead of the Mid-Autumn Festival in China on Monday.

Steelmaking Raw Materials Trade Log, September 21, 2018

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.

COKING COAL DAILY: Seaborne prices stable ahead of long weekend in China

The seaborne coking coal spot market was quiet on Friday September 21, ahead of China’s Mid-Autumn Festival long weekend that will see its markets closed next Monday.