September 2018

ArcelorMittal announces new price list for hollow structural sections

ArcelorMittal Tubular Products has announced a new price list for its hollow structural sections made in Europe, following “price fluctuations that were not sustainable for the industry,” the company said on Friday September 21.

Turkey imposes additional duty on steel imports

Turkey has imposed an additional 25% duty on steel imports, payable once product-specific quotas have been exceeded.

DALIAN IRON ORE: 2018 most ‘stable’ year for Chinese steel industry since global financial crisis, CISA says

The Chinese steel industry has experienced the most ‘stable’ year since the global financial crisis of 2008 amid balanced supply and demand following efforts to reduce overcapacity in the steel sector over the past two years, according to Liu Zhenjiang, secretary general of the China Iron and Steel Association (CISA).

EUROPE SECTIONS: Low demand, high stocks keep prices flat

Prices for domestic hollow steel sections in Europe remained unchanged this week, with unexpectedly low levels of demand resulting in large volumes of stock being available, market sources told Metal Bulletin on Wednesday September 19.

US structural tubing prices steady; coil to influence next move

Prices for domestically produced structural tubing in the United States were flat during the week of Monday September 10 after declining at the beginning of the month in reaction to lower substrate costs.

US welded pipe, tube prices fall after coil weakens

Prices for domestically produced standard pipe and mechanical tubing in the United States declined after the cost of substrate material weakened this summer.

EUROPE SECTIONS: Prices flat, but expected to rise soon

Prices for domestic hollow steel sections remained unchanged this week, but could soon increase alongside feedstock rises, market sources told Metal Bulletin on Wednesday September 12.

TURKEY PIPE EXPORTS: Demand soft due to EU safeguarding quotas

Turkish pipe export prices have inched up so far this month despite weak demand, sources told Metal Bulletin on Wednesday September 12.

US structural tubing prices follow hot-rolled coil index lower

Prices for domestically produced structural tubing the United States have declined, unable to hold onto multiyear highs while substrate costs continue to weaken.

TRADE CASE MONITOR: Around the world's steel markets in August 2018

As competition in the global steel markets remains fierce, Metal Bulletin provides an update on the new, progressing and closed trade cases from around the world in August 2018.