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29/Jul/2016
Latest news from Platts
Duties cut Chinese exports to EU and others
Weekly iron ore wrap: Prices up amid tight market
Weekly coal wrap: Tightening supply supports prices
Weekly scrap wrap: Turkish prices tick up, Asian demand slow
Few US mills cancel July scrap, August outlook mixed
Iran to stop exporting iron ore in 2016
China's June CRC exports jump, but outlook dim
China's June HRC export volume improves
Iran starts up new bar mill to export to Iraq
EU longs down on scrap decline, but stability expected
EU HRC assessment rationale
Vallourec raises sales in Q2, pressure expected in H2
US sheet customers holding back on placing orders
Flat Products
Asia
Slab finds support from firm iron ore, HRC in East Asia
Soft China prices halt Asian HRC rise
China plate export prices trend upwards in July
Japan’s imported flat stocks decrease in June
Asian HRC keeps rising, buyers remain cautious
Europe
Turkish sheet market trying to recover, but prices soften
EU HRC assessment rationale
Lower prices push up Turkish CRC imports from CIS
CIS
Russian domestic HRC slips as premium rises too far
North America
Mexico sets provisional AD duty on coated steel sheets
US sheet prices remain stable to end July
US hot-rolled coil price assessment steady at $610-$630/st
US cold-rolled coil prices stable at $820-$840/st
California Steel Industries appoints executives
US CRC imports from Hong Kong likely subject to duties
US HRC price assessment flat at $610-$630/st
US CRC price assessments steady at $820-$840/st
South America
Brazil's Usiminas sees Q2 steel shipments fall 29% on year
Usiminas sees brighter second half ahead for flat steels
Long Products
Asia
Chinese billet trades dwindle in Asia on price uncertainty
Asian rebar continues to rise on firmer Chinese offers
Japan’s small bar group warns of high rebar stocks
H-beam mills aim to prop up weak SE Asian market
Asian rebar higher as Chinese domestic prices firm
N. China rebar prices continue to rise on strong futures
Europe
US and MENA demand supports Turkish rebar exports in H1
Megasa boost capacity with purchase of ArceloMittal Zaragoza
EC confirms rebar anti-dumping duty level
Turkish rebar export prices rise to offset higher costs
Turkey FOB rebar assessment rationale
Kardemir's new billet price to put pressure on import offers
Turkey FOB rebar assessment rationale
CIS
Russian rebar price slips on oversupply and high premium
CIS billet assessment rationale
CIS billet assessment rationale
North America
Gerdau sells idled New Jersey longs mill
Mexico sets definitive AD duty on Chinese wire rod
South America
Brazilian rebar price stable on more optimistic environment
Tubes & Pipes
Asia
China OCTG export prices rise on firmer domestic market
North America
US, Canada add rigs in latest count
Stainless & Specialty Steels
Asia
Posco trader leaving nickel project
Asian stainless CRC prices rise on firmer mill prices
Europe
Acerinox sees stable nickel supporting rest of 2016
Engineering steel surcharges fall for August
Schmolz + Bickenbach opens sales office in Thailand
North America
US Sec. 337 ban on Viraj stainless imports in effect
Raw Materials & Scrap
Europe
Turkey's scrap imports from EU rose notably in H1
North America
Cliffs' iron ore revenue outlook improves slightly
South America
Venezuela’s iron ore production to rise as prices recover
Brazil Usiminas IO shipments down 34.8% in Q2 on year
Middle East
Iranian coal miners may revert to state ownership
Corporate & Industry
Asia
NSSMC expects higher steel output in April-September
Japan’s ordinary steel exports drop in June
Europe
Brexit not set to affect EU steel demand: ArcelorMittal
Voestalpine launches hydrogen research programme
UK car output at 16-year high, concerns over Brexit: SMMT
North America
ArcelorMittal NAFTA production, sales rise on quarter
South America
Chilean June steel production jumps 61.1% on year: index
Sidor produces 7,011 mt of billets and resumes slab caster
ArcelorMittal Brazil sees Q2 steel shipments down 5% on year
Shougang Hierro Peru Q2 iron ore shipments up 0.2% on year
Peruvian steel service centers see mixed Q2 results
Africa
ArcelorMittal South Africa Q1 output down 9%
Middle East
Iranian private steel industry is growing
World
Click to read Platts steel blogs
ArcelorMittal returns to profit, optimistic for H2
Softening Chinese market weighs on international prices
Subscriber note: Platts launches real-time news on sbb.com
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