In Spite Of The Euro-dollar Instability, Indian HRC Export Offers Gains
10,000 tonnes of structural grade HRC were sold last week by a tier-1 Indian mill to Italy and Antwerp for $800–805 per tonne cfr, netting...
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The Anti Dumping Committee Of Indonesia This Week Launched A Sunset Review Investigation On Hot Rolled Coils
This week, the Indonesian Anti-dumping Committee began an investigation into hot rolled coil imports from China, India, Russia, Belarus, Kazakhstan, Taiwan, and Thailand. This is...
Last Week, The Southeast Asian Billet Import Market Gained Traction
Due to weak regional demand, regional mills’ target offer prices continue to be out of reach for consumers. On February 2, a 10,000-tonne cargo of...
Prices For Hot Rolled Coils in The Gulf Cooperation Council Are Falling, Especially For Those With Chinese Origin
The GCC’s regular buyers of Indian mills aren’t getting rates from them. The cost of HRC has dropped by $10–$15 per tonne this week compared...
Last Week, The Southeast Asian Billet Import Market Gained Traction
Due to weak regional demand, regional mills’ target offer prices continue to be out of reach for consumers. On February 2, a 10,000-tonne cargo of...
Saudi Stainless Steel Seamless Pipe Manufacturing Project Started
The King Salman Energy Park (SPARK) in northern Saudi Arabia is the site of the groundbreaking for SeAH Gulf Special Steel Industries (SeAH GSI), a...
GCC Mills Commit To Exporting Billets
Direct reduced iron-route long steel producers signed two standard billet contracts with a trading firm last week with the intention of selling the product to...
Italian HR Plate Prices Rose Again Slightly
Available prices for Italian S275JR plate are €850-900/t EXW, compared to €850-870/t EXW a week ago, for deliveries in March-April. Sufficient demand and high slab...
Russian Copper Company To Invest $1 Billion in Kazakhtan Factory
According to regional governor Nurlan Urankhaev, the corporation would be given the permission to develop the Aidarly copper deposit in the Abay region. In a...
India Considers Raising HRC Due To Favorable Domestic Opinion
The hike is supported by strong domestic demand in India and restocking by traders in advance of the publication of the Indian budget, with predictions...
Iron Ore Remains Stable After China’s Return
On Monday, the 62% Fe index decreased $0.02/t to $126.98/dry metric tonne cfr. The 58% Fe index increased $0.02/t to $110.64/dmt cfr, and the 65%...
Mexico Has Prolonged A Countervailing Tariff On Imports Of Wire Rod From China For A Further Five Years.
This is in accordance with a document from the Ministry of Economy that was released in the DOF on January 19. On July 28, 2016,...
