runfei news&blogs

27Mar Steel News

Hyundai Steel Of South Korea Decreased Its Most Recent Bid Rates For Japanese Scrap On Friday

A reduction in the procurement price for H2 grade scrap trucked to Tokyo Steel’s Utsunomiya steelworks was revealed at the same time by the industry’s...

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24Mar Steel News

Brazil Rejects Request To Impose Anti-dumping Measures On Chinese HRC

For a maximum of five years, Brazil placed countervailing duties and AD measures on Chinese HRC in 2018. However, these were never used for the...

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22Mar Steel News

Egyptian Rebar Prices Continue To Rise

Market leader Ezz Steel has increased its ex-works domestic rebar price by 9.7% to EGP 32,135 ($922), with 14% VAT included. The prior price was...

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21Mar Steel News

Export And Import Prices Of Turkish HRC Increased

According to Turkish market news, last week China’s May delivery hot coils were quoted at USD 730-735/ton (CFR) for Turkey’s mainstream exports, an increase of...

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20Mar Steel News

European Mills Increase Coil Costs Even More

According to reliable sources, ArcelorMittal increased its price hints this week by an additional €20/tonne ($21), raising HRC offers to €870/t ex-works for all of...

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17Mar Steel News

HBIS Group Serbia Iron & Steel Will Restart Activities At Its Dormant Blast Furnace This Week

The company will reportedly run both blast furnaces, but one BF will be shut down for repairs in the summer. Due to a decline in...

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16Mar Steel News

This Week Is Quiet On The Hot Rolled Coil Market in The Gulf Cooperation Council

A re-roller purchased 10,000t of HRC in the SAE 1006 and SAE 1008 (re-rolling) grades from a Japanese firm last week for $730/t cfr Jebel...

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15Mar Steel News

US Scrap Prices Rise Sharply in March

A mill in Detroit took the initiative and joined the market with a bid that was more than $100/gross ton higher than in February for...

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14Mar Steel News

India Is Not Considering Re-imposing Steel Export Duties

“Although input prices have slightly increased from their lowest levels, which were reached about four to five months ago, the situation has not reached a...

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13Mar Steel News

Iron Ore Prices Are Expected To Return To Below $100/t By The End Of The Year

The research firm claims that the market may receive short-term support from the most recent measures revealed by the Chinese government to encourage property lending....

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10Mar Steel News

Mexico Reviews Countervailing Duties On Chinese Welded Pipes

The removal of duties, according to Mexican businesses Forza SPL, Pytco, and Tubera Laguna, would have a negative effect on domestic production, according to a...

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09Mar Steel News

GCC Exports Billet To Turkiye

Turkey has made several inquiries about billets, and Jindal Shadeed in Oman, Emirates Steel in the United Arab Emirates, Qatar Steel in Qatar, and Hadeed...

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