December 2019

IN CASE YOU MISSED IT: 5 key stories from December 30

Here are five Fastmarkets MB stories you might have missed on Monday December 30 that are worth another look.

US structural tubing prices up after mill increases advance further

Prices for domestically produced structural tubing in the United States strengthened after a persistently higher Fastmarkets daily hot-rolled coil index convinced more buyers that tube mill price increases were legitimate.

US approves Tenaris acquisition of Ipsco

The United States Department of Justice has closed its anti-trust review of Tenaris' acquisition of Ipsco Tubulars, clearing the way for the completion of the purchase from Russia's TMK, Tenaris said in a statement on Tuesday December 17.

EUROPE SECTIONS: Prices flat as market slows for the holidays

Hollow steel sections prices in Europe were unchanged this week, with the market winding down ahead of the Christmas break, market sources told Fastmarkets on Wednesday December 18.

SPECIAL REPORT: MEIS 2019 - Bringing pivotal steel market intelligence into focus

Fastmarkets' Middle East Iron and Steel 2019 event brought together hundreds of the region's top industry executives for meetings, panels, seminars and more this month in Dubai.

US structural tubing prices flat; January prices perceived higher

Prices for domestically produced structural tubing in the United States were stable week on week, with sources expecting the market to climb after belief in the sustainability of higher substrate costs solidifies.

US mechanical tubing, standard pipe prices rise after tube mill increases

Prices for mechanical tubing and standard pipe in the United States strengthened after substrate costs rose and buyers began accepting increases announced by the tube mills.

EUROPE SECTIONS: Prices flat as market begins seasonal slowdown

Hollow steel sections prices in Europe were unchanged this week, with activity beginning to slow ahead of the Christmas break, market sources told Fastmarkets on Wednesday December 11.

EUROPE BEAMS: Trading begins to slow for holidays but mills keen for January boost

The steel H-beam price in Northern Europe was unchanged on Wednesday December 11, while the Southern Europe price narrowed, indicating the start of a market slowdown ahead of the Christmas break in the region, sources told Fastmarkets.

TURKEY STEEL PIPE EXPORTS: Mills raise sales prices further amid costlier feedstock

Turkish steel pipe producers have increased their export prices in the past month due to rising raw material costs, sources said on Wednesday December 11.