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16/Oct/2021
Latest news from Platts
16 Oct 21 Mexican flat steel market takes a pause, but bearish sentiment persists
16 Oct 21 Low trade activity keeps putting pressure on Mexican rebar prices
Flat Products
Asia
15 Oct 21 WEEKLY HRC WRAP: Asia retreats amid uncertainty, weak demand
15 Oct 21 Platts Asia HRC Assessment Rationale
Europe
15 Oct 21 Turkish flat steel prices jump on strong scrap, orderbooks
15 Oct 21 EU HRC market softens, energy costs spark talk of higher prices
15 Oct 21 Plate market anticipates possible effects of rising energy costs
15 Oct 21 Platts EMEA HRC Assessment Rationale
CIS
15 Oct 21 Black Sea billet prices up sharply on higher offers and surging scrap
North America
15 Oct 21 US HRC prices hit $1,900/st; mills seen flexible on November availability
15 Oct 21 Platts US HRC daily index rationale
15 Oct 21 US HDG and CRC prices mostly unchanged; volumes remain low
South America
15 Oct 21 Brazilian mills apply discounts for HRC on tepid market, high inventories
15 Oct 21 Brazil export slab prices remain stable in quiet market
Long Products
Asia
15 Oct 21 Asian rebar prices rise on higher offers in regional markets
15 Oct 21 Asian billet prices gain on improved buying interest
Europe
15 Oct 21 Turkish rebar export prices jump amid strengthening scrap levels
15 Oct 21 Platts EMEA Turkish Rebar Daily Rationale
15 Oct 21 Turkish rebar prices approach $750/mt EXW with new mill hikes
15 Oct 21 BMS Steel Wire starts construction work on its new mill
CIS
15 Oct 21 Platts FOB Black Sea Steel Billet Rationale
North America
15 Oct 21 US rebar prices hold at 13-year highs amid firm market conditions
15 Oct 21 US wire rod prices climb above $1,200/st after mill increases
South America
15 Oct 21 Brazilian domestic rebar prices remain static even as downward trend persists
Stainless & Specialty Steels
Asia
15 Oct 21 Asian stainless CRC retreats amid volatility in China
Raw Materials & Scrap
Asia
15 Oct 21 India import ferrous shredded scrap prices rise to further high
15 Oct 21 Platts Asia Indian Shredded Scrap Weekly Rationale
Europe
15 Oct 21 Platts EMEA Turkish Ferrous Scrap Daily Rationale
15 Oct 21 Turkish deepsea import ferrous scrap prices continue to soar
CIS
15 Oct 21 Black Sea merchant pig iron prices surge on inputs and tighter CIS supply
North America
15 Oct 21 US scrap market expecting higher prices in November
15 Oct 21 US import pig iron prices rise; Brazil, CIS suppliers aim higher
15 Oct 21 US Shredded Scrap Midwest Daily Rationale
15 Oct 21 Cliffs to maximize HBI and scrap, reduce coke to cut Scope 3 emissions
South America
15 Oct 21 Higher offers move up Brazil's merchant pig iron prices $10/mt
World
15 Oct 21 Input costs for steel, aluminum on the rise as global demand picks up
15 Oct 21 WEEKLY SCRAP WRAP: Prices rising globally
15 Oct 21 WEEKLY MET COAL WRAP: Prices to China still climbing
15 Oct 21 WEEKLY IRON ORE WRAP: Seaborne prices rise a bit on restocking
Corporate & Industry
Asia
15 Oct 21 South Korea's vehicle output falls 33% on chip shortage, holidays
15 Oct 21 Toyota Motor expects 100,000-150,000 vehicle loss in Nov on parts shortage
Europe
15 Oct 21 Colakoglu wins privatization tender for Turkish power plant
CIS
15 Oct 21 Russia's Evraz secures first ESG-linked loan
15 Oct 21 Third of Russian metals majors source 80% of energy from renewables
North America
15 Oct 21 Cleveland-Cliffs in prime position after FPT purchase
World
15 Oct 21 Steel market heards selection
15 Oct 21 FUTURES WRAP: Scrap, rebar contracts jump, near-term contango stronger
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