Steel News 11 - Runfei Steel | Steel Supply Since 1998

22Dec Steel News

Import Dependence Is Temporarily Difficult To Alleviate. The 12th Round Of EU Sanctions Extends The Quota Period For Russian Slab Production

On December 18, 2023, the European Commission released details on the twelfth round of sanctions against Russia. Among them, the European Commission extended the quota...

19Dec Steel News

International Steel City Daily: Seasonal Factor Challenges Hit Türkiye’s Rebar Market Fell Into A Downturn

Recently, influenced by seasonal factors, the demand for rebar in Türkiye has slowed down and the market has fallen into a downturn. At present, the...

14Dec Steel News

Russia Remains Türkiye’s Largest Semi Finished Timber Supplier

According to the latest monthly data of Türkiye Institute of Statistics (TUIK), Türkiye’s total imports of semi finished timber in October fell 22% year-on-year to...

12Dec Steel News

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

Today, the price trend of Chinese hot coils is generally stable. As of the time of publication, the spot price of mainstream 3.0 hot coils...

07Dec Steel News

International Steel Market Daily: Significant Price Differentiation Of Rebar in The UAE Domestic Market, Market Pessimism Spreading

Recently, the imported rebar prices in the United Arab Emirates have remained stable, but due to a slowdown in buyer demand to avoid year-end inventory...

05Dec Steel News

International Steel City Daily: The Cost Of Raw Materials Remains High, And The International Competitiveness Of Türkiye’s Resources Continues To Decline

Recently, supported by the cost of raw materials, the rebar price in Türkiye continues to run at a high level. At present, most of Türkiye’s...

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...

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...

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...

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...

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...

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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