Brazilian slab export prices were unchanged in the week ended Thursday March 28, while sellers reported market conditions that could push prices up, but customers reported lower bids.
28 March 2024
Gabriela Brumatti
Southeast Asian — Indian, Pakistani and Bangladeshi — steel mills reduced their intake of imported steel scrap in the week to Thursday March 28, mainly due to prevailing bearish sentiments in their respective countries, sources told Fastmarkets.
28 March 2024
Aameer Sayed
Pig iron exporters from Brazil continued to make sales to the US in the week to Thursday March 28, with sources expecting the market level to increase in the next round of deals due to improved market sentiment.
28 March 2024
Marina Shulga
Producer offers remained unchanged in Egypt's domestic rebar market in the week to Thursday March 28, with slow demand and unchanged market conditions amid the ongoing Ramadan celebrations, sources told Fastmarkets.
28 March 2024
India-Inés Levy
Indian steel hot-rolled coil export prices were stable in the week to Thursday March 28, even as exports of the upstream product reduced to a trickle, sources told Fastmarkets.
28 March 2024
Suresh Nair
Pig iron export prices out of Russia pushed up in the week to Thursday March 28, mainly due to the resumption of sales to Italy and Turkey, sources told Fastmarkets.
28 March 2024
Marina Shulga
Trading remained depressed across the Northern European steel longs market in the week to Wednesday March 27 amid weak consumption and a bearish outlook, sources told Fastmarkets.
28 March 2024
India-Inés Levy
Turkish steel mills continued to book deep-sea steel scrap at steady prices, despite demand for finished long steel products remaining poor in Turkey's domestic and export markets, sources told Fastmarkets on Thursday March 28.
28 March 2024
Cem Turken
Import steel slab offers for Italy remained largely unchanged in the week to Thursday March 28, while trading was muted due to the approaching Easter holidays, which start on Friday.
28 March 2024
Vlada Novokreshchenova
A lack of demand and oversupply continued to weigh on European hot-rolled coil prices on Thursday March 28, sources told Fastmarkets.
28 March 2024
Julia Bolotova