November 2018

RESEARCH REPORT: Increase in required tonnage expected for corrosion-resistant OCTG and linepipe

Fastmarkets MB’s research team and Westwood Global Energy Group forecast a significant increase in the tonnage of CR and CRA OCTG grades required globally over the next few years despite the current volatility in oil prices.

EUROPE SECTIONS: Prices follow trend of falling feedstock costs

Prices for hollow steel sections in Northern Europe moved down this week following falls in feedstock prices, market participants told Fastmarkets MB.

EUROPE SECTIONS: Prices stable but feedstock costs down

Prices for hollow steel sections in Northern Europe remained unchanged this week, even while feedstock prices continued to fall, Fastmarkets heard on Wednesday November 21.

EUROPE SECTIONS: Prices flat despite threat of mill increases

Prices for hollow steel sections in Northern Europe were flat this week amid stable market conditions, Fastmarkets heard on Wednesday November 14.

TURKEY PIPE EXPORTS: Weak demand sends prices down

Turkish steel pipe export prices continued to weaken amid limited interest for the material in the country’s major export markets, sources said on Wednesday November 14.

STEEL WEEK IN BRIEF: Scrap price falls; fresh US sanctions against Iran; global excess steel supply finding its way to Middle East…

Fastmarkets MB reviews the major stories that have affected the steel market during the week ended November 9.

EUROPE SECTIONS: Prices widen with falling feedstock costs

Prices for hollow steel sections in Northern Europe widened downward this week due to falling feedstock costs, Fastmarkets heard on Wednesday November 7.

US structural tubing prices steady; all eyes on coil

Prices for domestically produced structural tubing in the United States were unchanged over the past week, with market participants watching to see whether announced price increases on substrate material will stick.

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

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