Vietnamese buyers of Hot Rolled Coil (HRC) are being cautious due to the resurgence in the Chinese market.
Vietnam’s hot rolled coil import market experienced a rebound last week following a significant decline in the previous week
Salzgitter engages in discussions with Vallourec regarding HKM ownership.
The German stakeholders of Hüttenwerke Krupp-Mannesmann (HKM), thyssenkrupp Steel and Salzgitter, are in discussions with Vallourec
Iranian billet exporters have reduced their offers based on market sentiment in Asia
Iranian billet exporters have adjusted their bids in response to market sentiment in Asia
Scrap suppliers in Turkey are looking to secure higher prices
The Red Sea disruption has had a significant impact on Middle Eastern ammonia exports in the first quarter of 2024
ISA votes for Naveen Jindal as new president
Naveen Jindal, the Chairman of Jindal Steel and Power, has recently assumed the presidency of the Indian Steel Association (ISA)
China-origin HRC bookings motivate limited Turkish domestic demand
The recent surge in hot rolled coil bookings from China has prompted Turkish buyers to explore options with domestic mills
Iron ore prices revert to $110 per ton.
Seaborne iron ore prices surged above $110 per ton on Thursday, driven by the anticipated revival of steel mill production
Dynamic Changes in Nickel Market Amid LME Price Surge.
The nickel market is currently experiencing fluctuations with contrasting outlooks
Ukraine’s consumption of galvanized steel has surged to pre-war levels.
With a 41% increase in Ukrainian galvanized rolled steel consumption last year, reaching 243,000 tonnes compared to 172,000 tonnes in 2022
French rebar prices remain stagnant.
French rebar prices are experiencing a slight decline compared to February, decreasing by approximately €10/tonne ($11) on average
