December 2016

2017 OUTLOOK: EU trade measures will support flat steel prices but 'may cause shortages'

The number of anti-dumping measures taken by the EU concerning flat steel products will support the region’s domestic prices, but in some cases they will have a negative effect on distribution and may limit the availability of material in the market, according to some sector commentators.

2017 OUTLOOK: Turkish flat steel sector has mixed expectations for 2017

Growth in the flat steel sector in Turkey is expected to continue in 2017, but market participants have different opinions about prospects for the longer term.

2017 OUTLOOK: UK steel benefits from low sterling, high materials costs

The year of 2016 presented the UK with significant economic and political challenges, but some participants in the UK steel industry are entering 2017 in good shape.

Turkish flat steel exports up 46% in November

Turkey exported 287,282 tonnes of finished flat steel in November 2016, according to the latest figures available from the Turkish Statistical Institute (TUIK).

Turkish flat steel imports down by 17% in November

Turkey imported 606,378 tonnes of flat steel in November 2016, down by 17.29% from the 733,105 tonnes that came into the country a year earlier, according to the Turkish Statistical Institute (TUIK).

ÇIB expects Turkish exports to rise 3% in 2017

The Turkish Steel Exporters Assn (ÇIB) expects better market conditions in 2017 with domestic demand being supported by new projects and urban transformation schemes, it said on Thursday December 29.

China’s spot HRC prices fall in tandem with paper market

China’s spot hot rolled coil prices fell ahead of the weekend on Friday December 30 following the continued declines in the futures market.

China AM: Futures soft amid physical dips

China’s steel and iron ore futures by and large retreated during morning trading on the last trading day of 2016, amid a soft physical market.

Indonesia opens anti-dumping case into coloured steel sheet imports

Indonesia’s anti-dumping committee (Kadi) has announced the start of an investigation into imports of coloured steel sheet from China and Vietnam, Metal Bulletin has learnt.