runfei news&blogs

30Nov Steel News

Australia Initiates Anti-dumping Sunset Review Investigation On Hot-rolled Steel Sections

On November 22, 2023, the Australian Anti dumping Committee issued Announcement 2023/082, stating that the second anti-dumping sunset review investigation was launched against hot rolled...

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27Nov Steel News

International Steel Market Daily: High Raw Material Costs Led By Japanese Steel Mills To Significantly Increase Export Quotes For Hot Coils

Recently, Nippon Steel, the leading steel plant in Japan, announced that it will conduct maintenance on the hot coil rolling mill in February 2024, which...

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24Nov Steel News

International Steel Daily: The Price Of Imported Scrap Steel in Türkiye Rises, And The Rebar Quotation Remains Firm

Mysteel learned that weak market demand and rising input costs have been putting pressure on steel pricing of Türkiye’s steel mills. Despite the continuous downturn...

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22Nov Steel News

International Steel Market Daily: China’s Steel Prices Remain Stable, With No Improvement in The Number Of Newly Signed Export Orders

Mysteel learned that recently, with the appreciation of the RMB, the export prices of Chinese hot coils have continued to rise. The export quotation of...

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20Nov Steel News

International Steel Market Daily: Overcapacity Issues Highlight Malaysia’s Suspension Of Issuing Steel Production Licenses

In recent years, Malaysia’s steel production capacity has continued to grow, but its demand growth has significantly slowed down, and the industry is in a...

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15Nov Steel News

International Steel City Daily: Türkiye’s Scrap Import Price Continues To Rise; Rebar Quotation Remains Firm

In November, the scrap import price of Türkiye rose significantly. Last Friday (November 10), Mysteel heard that two exports of heavy waste HMS 1&2 80:20...

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14Nov Steel News

International Steel Market Daily: China’s Steel Prices Remain Stable, With No Improvement in The Number Of Newly Signed Export Orders

Today, China’s steel prices are generally stable. As of press release, the mainstream spot hot coil price for Q235 in Shanghai is 3930 yuan/ton (539...

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10Nov Steel News

International Steel Market Daily: Expectations For Further Strength in The European Hot Coil Market As Prices Rise

The current heatwave price in the European market is around 650 euros/ton EXW, with a decrease in tradable prices of around 20 euros/ton and an...

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07Nov Steel News

International Steel Market Daily: Domestic Steel Demand Rebounds, Russian Hot Coil Exports Remain Calm

In the past week, due to the strong performance of the domestic flat material market in Russia, most suppliers have not yet turned to the...

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07Nov Steel News

International Steel Market Daily: Turkish Rebar Export Prices Strengthened Slightly And Market Uncertainty Intensified

At present, Türkiye’s rebar exporters quote at 575-585 dollars/ton FOB, up about 5-10 dollars/ton from last week. But most market participants indicate that the actual...

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02Nov Steel News

International Steel Market Daily: The Supply Increase At Home And Abroad Is Obvious, And Brazilian Plate Prices May Be Under Pressure.

The Brazilian Steel Dealers Association (INDA) recently stated that based on expectations of increased domestic supply and the continued arrival of large amounts of low-priced...

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02Nov Steel News

Vale Indonesia’s Earnings Fall On Lower Nickel Price

Vale Indonesia, the Indonesian subsidiary of Brazilian miner Vale, has reported lower earnings in the third quarter due to lower average realised nickel prices,Kallanish learns.The company...

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