Iran Faces Summer Power Outages, Russia Faces Export Pressure
Currently, the Iranian steel industry is experiencing traditional summer power outages, and local steel mills are trying to find ways to maintain operational balance and...
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Türkiye’s Electricity Price Rises, Steel Mills Cut Output
Since July 1, the electricity price in Türkiye has risen. Residential electricity prices have increased by 38%, while for high energy consuming users such...
The Seasonal Monsoon Affects The Increase Of Imported Resources, And The Domestic Steel Market in India Continues To Be Under Pressure
Major steel mills in India have lowered prices for hot-rolled coils in July due to weak demand affected by seasonal monsoons. In terms of...
The Price Of Imported Scrap Steel in Türkiye Remains High, And The Cost Is High. The Quotation Of Thread in Türkiye Is Firm
Recently, the price of imported scrap steel in Türkiye has remained stable at a high level. In the case of high prices of imported raw...
China’s Quotation For Singapore’s Long Materials Continues To Decline, And Wire Rods Are Rumored To Have Sold in Small Quantities
Recently, China’s overall quotation for Singapore long materials has fallen again compared to the previous period. Specifically, Mysteel has heard that Chinese steel mills are...
Indian Buyers Have Lower Bargaining Power For Chinese Hot Coils. Vietnam’s Price Advantage Resources Flow Into The Indian Market
Recently, Indian hot coil importers have offered a counteroffer of approximately $530-535 per ton of CFR to Chinese hot coils, a decrease of approximately...
Cost Pressure Is High, Demand Is Weak, Italian Steel Mills Hope To Increase Domestic Prices Of Long Materials
Currently, due to the surge in energy costs, the prices in the Italian long rod market have further compressed the profits of steel mills....
The Demand in The Indian Market Has Improved Slightly Due To The End Of The General Election, But The Improvement Is Limited Due To The Influence Of Off-season Factors
Currently, India is in the period of the end of the general election, and market transactions are gradually recovering and demand is improving. At the...
Southeast Asian Billet Prices Continue To Decline, Buyers Are Watching Low-priced Resources
Due to the recent sustained weakness in the Southeast Asian billet market, most Southeast Asian billet buyers are adopting a wait-and-see attitude, waiting for lower...
The Decline in Raw Material Prices Combined With Weak Demand Has Led To A Decline in Brazilian Slab Prices
Recently, the Brazilian slab export market has been sluggish, with slab prices ranging from $570-580 per ton FOB, a decrease of $10 per ton compared...
The Demand For European Sheet Metal Market Is Light, And There Are Few Inquiries For Imported Resources
This week, the prices of cold coils and hot-dip galvanizing in Europe have remained relatively stable. In terms of cold coils, the European market is dominated by lower priced...
Affected By The Approaching Eid Al Adha Holiday, Trading in The UAE Market in Egypt Has Slowed Down
Recently, many Muslim countries such as Egypt and the United Arab Emirates are about to celebrate Eid al Adha (June 16-19), and many market...
