Steel beam prices in Europe moved up in the week to Wednesday December 6, with mills bullish amid higher scrap feedstock costs.
07 December 2023
Holly Chant
Seaborne iron ore prices edged up on Thursday, December 7, amid positive market sentiment and elevated crude steel output, sources told Fastmarkets.
07 December 2023
Alice Li
Spot prices for steel scrap imported into Taiwan continued to trend up on Thursday December 7 due to bullish sentiment in major importer Turkey, which has led to suppliers in the US raising their offers to Taiwan.
07 December 2023
Tianran Zhao
Chinese import prices for basic pig iron rose in the two weeks to Thursday December 7, after trades were confirmed at higher prices, sources told Fastmarkets.
07 December 2023
Shu Yi Zheng
The steel billet market in Asia was muted in the week to Thursday December 7, with buyers in wait-and-see mode following a spike in Chinese ferrous futures, sources told Fastmarkets.
07 December 2023
Nabilah Awang
Chinese hot-rolled coil prices extended their gains, hitting a four-month high on Thursday December 7, thanks to the sustained support from raw materials costs and the resurgence of expectations for big stimulus measures, sources told Fastmarkets.
07 December 2023
Zihuan Pan
China’s domestic rebar prices remained on an uptrend on Thursday December 7 due to the higher prices for raw materials and positive steel export data released on the same day, sources said.
07 December 2023
Jessica Zong
China's finished steel exports remained higher year on year, with the January-November export total rising by 36% from the corresponding period of 2022, according to data released by the General Administration of China Customs on Thursday December 7.
07 December 2023
Jessica Zong
China’s domestic stainless steel prices dropped sharply over the week ended Wednesday December 6 and set a new year-to-date low, which attracted buying interest, sources told Fastmarkets.
07 December 2023
Jessica Zong
Fastmarkets has corrected its index assessment for pulverized coal injection, low-vol, cfr Jingtang, $/wmt, MB-COA-0007, which was published incorrectly on Monday December 4 and Tuesday December 5, due to an error.
07 December 2023
Bella Cheng
