Seasonal lull continues in the UAE longs market. There are few reports of the deals. Due to low demand, the suppliers have "frozen" the quotations down, and are patiently awaiting the ...

Over the past week, the prices in the national currency have not changed in Bulgarian finished long products market. However, due to weakening of Bulgarian lev rate, the prices in dollar terms dropped by ...

Philippine producers were about to lower quotations for long products in the first half of July, but facing uncommonly high demand in rainy season decided to postpone the downward price correction and came back to last ...

There is virtually no trade now in the Turkish scrap market. Consumer demand remains extremely low, and the suppliers, due to the price drop and absence of new contracts, have adopted a "wait-and-see" ...

At the end of this month, the demand in the US market for pig iron is still weak, as a result of which, prices have not changed from last week ...

This week, Far East market for pig iron is still characterized by low business activity. Buyers refrain from new bookings, as they have ...

Export quotations of Turkish welded pipes are likely to have reached their peak, as the interest of foreign consumers has virtually vanished away. As a result, some Turkish producers have cut offer prices for ...

By Q2 2010, ArcelorMittal will expand the capacity of electrical steel production at its French facility Saint-Chely d'Apcher from ...

While demand in most regions of the world is seasonally weak, Brazilian market for flat products is quite good and domestic mills have already announced another price rise ...

Despite price correction for import semis in Iran, the market for finished long products remains more or less “problem free". Plants' quotations are staying in the previous ranges, and stockist prices got close to them. On the whole, however, despite the ...

Far Eastern scrap market remains calm. Traders are noting absence of consumers' interest in purchases of import material. The key factors, influencing the market situation, are: provision of steelmakers with ...

Business activity has been nearly absent this week in the EU pig iron market, due to the summer vacation season and sufficient stocks of the material, accumulated by the consumers ...

CIS steelmakers traditionally play a key role in global market for semis. Due to large steelmaking facilities, a few times greater than inner demand in the region, CIS plants feed long steel producing facilities in Turkey, EU, Middle East and Asia. Every year they supply the global market with 15 mt of square billet. Last year the exports totaled 14.8 mt, with Ukrainian plants accounting for half of this amount, Russian mills – 40-45%, the rest was supplied by producers from Kazakhstan, Belarus and ...

Due to weakening of demand from foreign markets, many Chinese producers had to raise prices for seamless pipes of July output by $170-180/t instead of announced ...

Italian longs producer Stefana SpA started to prepar its new 700,000tpy bar rolling mill for commissioning, as part of the project aimed at capacity expansion from ...