December 2017

2017 REVIEW: Turkish mills seek new export destinations

The Turkish rebar market was significantly affected in 2017 by the political problems within the country and by the weakening of its currency, the lira, while slow demand in the country’s traditional export markets led steel mills to direct their exports to new destinations.

EUROPE SECTIONS: Prices largely stable in seasonal slowdown

Prices for domestic hollow sections in Europe were largely unchanged this week as market activity continued to weaken, sources told Metal Bulletin on Wednesday December 20.

EUROPE SECTIONS: Prices ‘unlikely to change’ this year as market activity stalls

Prices for domestic hollow sections in Europe have held largely stable this week while market activity continued to peter out, sources told Metal Bulletin on Wednesday December 12.

TURKEY STEEL PIPE EXPORTS: Rising HRC costs push up pipe export prices

Turkish structural pipe export prices increased over the past month, in line with the increasing cost of hot rolled coil (HRC), sources said on Wednesday December 13.

Philippines to expand steel tube capacity with new Batangas plant

The Philippines will increase its steel tube capacity with a new plant scheduled to be built in Batangas.

EUROPE SECTIONS: Southern EU price range narrows but mills plot fightback

Prices for domestic hollow sections in Southern Europe narrowed downward this week, with poor demand reducing the transaction prices agreed by Italian producers, sources told Metal Bulletin on Wednesday December 6.

Canada Border Services Agency affirms duties on South Korean line pipe

Canadian imports of certain carbon and alloy steel line pipe from South Korea are facing anti-dumping margins of up to 88.1%, the Canada Border Services Agency (CBSA) said in a final determination on Tuesday December 5.

ISD may lose control of Alchevsk Iron & Steel to Ukraine rebels

Industrial Union of Donbass (ISD) is facing a significant risk that it will lose control over the Alchevsk Iron & Steel Works and other group assets in rebel-held districts of the Luhansk region in eastern Ukraine, the company announced in a recent results report.

STEEL WEEK IN BRIEF: Iron ore above $70 per tonne, coking coal prices surge, trade case monitor...

Metal Bulletin reviews the major stories affecting the steel market over the past week.

TRADE CASE MONITOR: Around the world in November 2017

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 November 2017.