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29/Apr/2016
Latest news from Platts
Baosteel posts strong Q1 performance
Celsa out of market for two days amid scrap volatility
Asian rebar rises again sparked by higher billet prices
European coil buyers bemoan lack of import options
US HRC prices still rising on scattered availability
Flat Products
Asia
China's CRC exports slump 44% on year in March
Plate prices easing this week after large gains in East Asia
Asian HRC stable despite Chinese domestic rise
Europe
Essar Steel to supply plate for new Istanbul airport
Erdemir's interest in Ilva continues, no binding offer yet
EU HRC assessment rationale
Plate prices propelled upwards by slab scarcity
US Steel Kosice optimistic after weaker performance in Q1
CIS
CIS coil export prices firm despite buyers' resistance
North America
ArcelorMittal and USW reach tentative agreement
US HRC price assessment rises to $520-$540/st
Cold-rolled coil prices static at $700-$720/st in US market
US Steel offers positive outlook for flat-roll
Middle East
Iran may review steel import duties to secure supply
Long Products
Asia
Osaka Steel aims to restart quake-hit mill by end-May
H-beam prices jump in East Asia on firming scrap
Korean building contractors agree to higher rebar prices
Europe
Turkey's Kardemir to supply rails to Iran worth €80 million
MENA demand supports Turkish wire rod exports, prices rise
Turkey FOB rebar assessment rationale
CIS
CIS billet assessment rationale
North America
Rebar exports to US up in March, wire rod flat
Middle East
Emirates Steel hikes rebar price to Turkish delight
Tubes & Pipes
Asia
China’s seamless pipe exports rise 8% m-o-m in March
Europe
Tenaris moves net income into the black but sales down
North America
Tenaris North American tube sales fall 60%
Stainless & Specialty Steels
Asia
Shanxi Taigang posts $572 mln loss in 2015
Europe
Cemtas expects the rise in scrap prices to moderate
Acerinox posts Q1 loss, sees upturn in Q2
Raw Materials & Scrap
Europe
EU scrap market expects another €30/mt in May
North America
Cliffs swings to a first quarter profit
South America
Brazil Vale to start commissioning S11D ore project in July
Middle East
Iran's met coal output down on previous Iranian year
Corporate & Industry
Asia
Japan’s steel exports decreased in FY 2015
Magang sinks to fifth quarterly loss in Q1
China calls US Steel charges 'without factual basis'
China's steel output almost unchanged in mid-April
Indian exports on an upward swing
Europe
WV Stahl welcomes German parliament's steel industry support
CIS
Pig iron exports to US helps keep Metalloinvest's sales up
World
Can steel prices survive China’s output surge?: Analysis
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