Steel trade, import & export news.

Iron ore rebounds to six-week high on renewed China demand hopes ...
china iron ore market
Thu, 25 Apr 2024 00:00:00 GMT
Prices of iron ore futures rebounded on Wednesday to the highest level in more than six weeks, aided by renewed hopes of improved steel demand in top consumer China and the prospect of lower supply after a major miner lowered its annual shipment outlook. The most-traded September iron ore contract on Chinas Dalian Commodity Exchange (DCE) ended daytime trade 3.08% higher at 888 yuan ($122.55) a metric ton, its highest since March 8. It fell more than 1.5% on Tuesday. The benchmark May iron


Chinas steel demand expected to be weak in traditionally stronger ...
china iron ore market
Wed, 24 Apr 2024 00:00:00 GMT
Chinas overall steel demand is expected to remain subdued in a traditionally stronger second quarter, mill and trading sources said, after the countrys net exports of semi-finished and finished steel hit an almost eight-year high in March even as production fell below the year-ago level. Steel production in the second quarter might inch higher from the first quarter but could still be lower than a year earlier, likely keeping a check on iron ore prices, the sources said. Strong exports,


Imports put strong pressure on rolled metal prices in Europe
europe market steel
Tue, 23 Apr 2024 14:50:02 GMT
Prices for flat-rolled steel in Europe fell this week due to increased import activity, forcing European producers to adjust their offerings


Metinvest Almost Doubles Tax Payments to Ukrainian Budget to ...
metinvest russia
Mon, 22 Apr 2024 11:00:00 GMT
Amid the full-scale war, Metinvest remains a pillar of Ukraines economy. In the first quarter of 2024, including associated companies and joint ventures, the Group increased its taxes and duties to budgets of all levels in the country to UAH4.2 billion, up around


UK TRA recommends extension of steel safeguard measures
steel
Mon, 22 Apr 2024 00:00:00 GMT
The UK Trade Remedies Authority (TRA) proposes a two-year extension to protect the countrys steel...


Steel Rebar Market April 2024: Marginal Rise in US and China ...
china market steel
Fri, 19 Apr 2024 16:12:00 GMT
As of April 12th, Steel Rebar in the US domestic market saw a slight increase, partly influenced by boosted exports from countries like


Interpipe is testing new routes to the EU Oleksiy Yanovsky
interpipe steel trade ukraine
Wed, 17 Apr 2024 00:00:00 GMT
The Ukrainian industrial company an exporter of steel pipes and railway products also hopes to restore full-fledged sea container transportation from


Ukraine: steel billets exports to Turkiye up in February 2024
steel trade ukraine
Thu, 11 Apr 2024 00:00:00 GMT
In February, Ukraine exported 9.69 thousand tons of steel billets to Turkiye. In February 2023, insignifican't volumes were exported (54 tons). In January-February, Ukraine exported 30.68 thousand tons of billets to Turkiye. Ukraine accounted for 7% of Turkiyes steel billets imports. (Ukrainian


Challenges for Ukrainian iron and steel industry in 2024
production steel ukraine
Wed, 10 Apr 2024 00:00:00 GMT
Supporting export potential, staffing and ramping up production remain the main issues for Ukrainian steel secto


Weak sales of finished product impact scrap: Assofermet
italy scrap
Wed, 10 Apr 2024 00:00:00 GMT
The outlook for finished steel product sales remains negative, says Italian steel trade association...


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