August 2018

EUROPE SECTIONS: Northern EU prices widen upward

Prices for domestic hollow steel sections produced and delivered in Northern Europe widened upward by €10 per tonne this week, sources told Metal Bulletin on Wednesday August 29.

Japan's crude steel output falls 2% in July

Japanese crude steel output dipped in July from a year earlier, according to the latest data from the Japan Iron & Steel Federation (JISF).

STEEL WEEK IN BRIEF: Scrap prices fall, weak Russian rouble, tariff replacement discussions…

Metal Bulletin reviews the major stories that have affected the steel market over the week ending Friday August 24.

US duties on large-diameter welded steel pipe imports may weigh on supply, boost prices

Preliminary dumping margins on US imports of large-diameter welded steel pipe are likely to further disrupt the supply for new oil and gas pipeline projects in the United States, which already have become much more expensive due to the Section 232 actions, according to industry sources.

EUROPE SECTIONS: Prices stable while summer holidays continue

Prices for domestic hollow steel sections made in Europe remained unchanged this week while market participants’ summer holidays continued, sources told Metal Bulletin on Wednesday August 22.

PRICING NOTICE: Middle East, Turkey steel prices not published during Eid al-Adha

Metal Bulletin will not publish certain price assessments for steel and ferrous scrap products in the Middle East and Turkey during the period August 20-24, 2018, because of the religious Eid al-Adha public holidays.

ASIAN MORNING BRIEF 16/08: LME base metals plunge; mining stocks tumble; EU domestic HRC likely to rise

The latest news and price moves to start the Asian day on Thursday August 16.

EUROPE SECTIONS: Prices stable as summer lull stalls trading

Prices for domestic hollow steel sections made in Europe remained stable this week due to a lack of trading in the summer holiday lull, sources told Metal Bulletin on Wednesday August 15.

US structural tubing prices up again after mills stick to increases

Prices of domestically produced structural tubing in the United States strengthened, with more transactions fully reflecting price increases announced in July.