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12/May/2021
Latest news from Platts
11 May 21 UK stockists support mill efforts to extend steel safeguards
12 May 21 TOM BALCEREK UK stockists support mill efforts to extend steel safeguards
Flat Products
Asia
11 May 21 China’s Baosteel lifts HRC list prices $47/mt for June shipment
11 May 21 Asian HRC mixed amid firm Chinese market; FHS lifts offers sharply
11 May 21 Platts Asia HRC Assessment Rationale
11 May 21 Asian rebar prices soar for a fifth straight day on robust Chinese market
Europe
11 May 21 ArcelorMittal increases output of Magnelis-coated sheet in Belgium
11 May 21 Platts EMEA HRC Assessment Rationale
11 May 21 Turkey's Q1 coated coil exports rise on EU demand, prices soar
11 May 21 Fewer steel offers in the market, HRC prices heard at Eur1,050/mt
North America
11 May 21 US HRC mills already testing higher prices despite record highs
11 May 21 Platts US HRC daily index rationale
Long Products
Asia
11 May 21 Jiangsu Shagang raises rebar, rod prices for May 11-20
11 May 21 Chinese billet stays flat as buyers resist chase
Europe
11 May 21 Turkish rebar export prices strong as market closes for holiday
11 May 21 Platts EMEA Turkish Rebar Daily Rationale
11 May 21 ArcelorMittal Germany acquires bright steel producer
CIS
11 May 21 Platts FOB Black Sea Steel Billet Rationale
11 May 21 Chinese billet price surge emboldens CIS mills to test fresh hikes on offers
North America
11 May 21 US finalizes duties on imports of wire strand from 7 countries
11 May 21 Nucor, Liberty Steel increase US wire rod prices by $40/st
Tubes & Pipes
North America
11 May 21 Platts to discontinue SBB Steel Tube and Pipe Price Trackers
Stainless & Specialty Steels
Europe
11 May 21 Spanish stainless group Acerinox bullish on H2 volumes
Raw Materials & Scrap
Europe
11 May 21 Turkish deepsea import scrap prices remain firm
11 May 21 Platts EMEA Turkish Ferrous Scrap Daily Rationale
North America
11 May 21 Platts is expanding ferrous scrap coverage in the US
11 May 21 Platts will discontinue the 10-day average calculation of the US Midwest shredded scrap (TS11003)
11 May 21 March prime steel scrap import volume nears three-year high
Corporate & Industry
Asia
11 May 21 Holiday notice: Hari Raya Puasa publishing schedule for Asia prices
Europe
11 May 21 No steel spinoff this year: Thyssenkrupp CFO
11 May 21 Ford Otosan shortens output cutback for chip shortage
North America
11 May 21 Tech coalition pushes Congress to fund US semiconductor output
11 May 21 Mexican auto industry could take 3 years to regain pre-pandemic sales
South America
11 May 21 ANALYSIS: Brazilian steelmakers yet to adjust supply to demand
World
11 May 21 Tight supply continues to fuel rally in US ferrous futures
11 May 21 Steel market heards selection
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