China’s domestic rebar prices maintained their downward trend on Wednesday November 29, due to weak demand from both end users and trading houses, sources said.
29 November 2023
Jessica Zong
Ternium is the latest steelmaker to choose direct-reduced iron (DRI) as its decarbonization option of choice, with a historic investment of $2.2 billion.
28 November 2023
Gabriela Brumatti
The prices for steel rebar and billet in the United Arab Emirates were mostly unchanged during the week to Tuesday November 28, with demand only moderate, because buyers tend to avoid building inventories at the end of the year, sources told Fastmarkets.
28 November 2023
Serife Durmus
China’s domestic rebar prices declined on Tuesday November 28, with market participants expressing concerns about the latest government attempt to impose controls on steel and iron ore prices.
28 November 2023
Jessica Zong
Export steel slab prices from Russia remained largely stable in the week to Monday November 27, despite the fact that a non-sanctioned supplier returned with new offers in a generally positive global slab and flat steel market, sources told Fastmarkets.
27 November 2023
Vlada Novokreshchenova
Export steel billet prices from Russia remained firm on Monday November 27 as a result of some bookings coming to light over the weekend.
27 November 2023
Vlada Novokreshchenova
China’s crude steel output dipped in mid-November with some mills beginning year-end maintenance, while improved margins have encouraged some mills to resume or ramp up production, market participants told Fastmarkets on Monday November 27.
27 November 2023
Zihuan Pan
China’s domestic rebar prices increased on Monday November 27 due to replenishment activity from trading houses and higher production costs, sources told Fastmarkets.
27 November 2023
Jessica Zong
Brazilian steel slab export prices remained stable in the week ended Friday November 24, due to a lack of available material while market participants saw an imbalance between supply and demand.
24 November 2023
Felipe Peroni
Steel billet export prices from Russia continued to push up in the week to Friday November 24 amid higher international scrap costs, sources told Fastmarkets.
24 November 2023
Zdravko Cherkezov
