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24/Jan/2020
Latest news from Platts
24 Jan 20 Iran set to start up new pelletizing plant
24 Jan 20 Asia met coal prices flat, China away
23 Jan 20 Black Sea billet trade hindered by lack of bids
23 Jan 20 Decline in scrap prices raises pressure on Turkish rebar
23 Jan 20 US Commerce extends countervailing duties on Turkish rebar
23 Jan 20 SDI sees auto steel sales picking up on USMCA progress: Millett
24 Jan 20 US drilling activity sees little change week on week
23 Jan 20 Brazil's 2019 crude steel output falls 9% to 32.2 million mt
23 Jan 20 US HRC prices drops, most mills try to set floor at $600
23 Jan 20 ArcelorMittal Nippon Steel India shifting focus to home markets
23 Jan 20 Global market heards selection
24 Jan 20 Metals M&A activity slows in 2019, faces headwinds in 2020: PwC
23 Jan 20 Asian met coal prices mostly flat; HCC moves higher
23 Jan 20 Steel Dynamics earns $671 million in 2019, $121 million in Q4
Flat Products
Asia
24 Jan 20 Platts Asia HRC Assessment Rationale
24 Jan 20 Asian HRC flat; possibly lower H1 exports from Japan
23 Jan 20 Asian HRC prices flat, market uncertain of impact of virus outbreak
23 Jan 20 Platts Asia HRC Assessment Rationale
Europe
24 Jan 20 Blast at ArcelorMittal Italia may hit output
24 Jan 20 Rise in Turkish coated coil capacity, low demand limit imports
24 Jan 20 UK hot-rolled coil market stable, but optimistic
24 Jan 20 European hot-rolled coils tick higher again as mills stand firm
24 Jan 20 Turkish HRC remains strong despite lower scrap prices
24 Jan 20 Platts EMEA TSI HRC Index Rationale
23 Jan 20 European regional hot-rolled coil spread dips to Eur8.50
23 Jan 20 Platts EMEA TSI HRC Index Assessment
North America
24 Jan 20 US HRC prices hold, concerns mount with scrap decline expected
24 Jan 20 Platts US HRC daily index rationale
23 Jan 20 Platts US HRC daily index rationale
South America
24 Jan 20 Brazil export-oriented slab price rallies to $442.50 on US quota rush
24 Jan 20 Brazilian flat steel prices up 5%, mills targeting additional hikes
Middle East
24 Jan 20 Iran's Mobarakeh Steel forges ahead with expansion
Long Products
Asia
24 Jan 20 Asian billet steady before Lunar New Year holidays
23 Jan 20 Asian rebar market calm ahead of holidays
Europe
24 Jan 20 Platts EMEA Turkish Rebar Daily Rationale
24 Jan 20 Northwest EU domestic rebar buyers wait amid scrap drop
23 Jan 20 Platts EMEA Turkish Rebar Daily Rationale
23 Jan 20 Turkey's semis imports slump, billet pricing falls in line with scrap
23 Jan 20 Turkish export rebar prices drop as mills chase sales
CIS
24 Jan 20 Platts FOB Black Sea Steel Billet Rationale
23 Jan 20 Platts FOB Black Sea Steel Billet Rationale
North America
24 Jan 20 Geardau to idle hot-end operations at Michigan engineered-bar mill in April
24 Jan 20 US issues final duties on fabricated steel from three countries
24 Jan 20 Mexican domestic rebar prices slightly up as demand shows modest increase
24 Jan 20 Wire rod pricing remains stable in US
South America
24 Jan 20 Rebar domestic prices rise 5% on week
Tubes & Pipes
CIS
24 Jan 20 TMK expects stable demand for its pipes from Russia and EU in 2020
Stainless & Specialty Steels
Asia
23 Jan 20 Russia's NLMK to become India’s second transformer steel manufacturer in 2021
23 Jan 20 Asian stainless CRC prices flat in thin trading
Raw Materials & Scrap
Europe
24 Jan 20 Platts EMEA Turkish Ferrous Scrap Daily Rationale
23 Jan 20 Platts EMEA Turkish Ferrous Scrap Daily Rationale
23 Jan 20 Turkish import scrap market remains bearish
North America
24 Jan 20 February US scrap buy outlook: down $10-$20/lt from January
24 Jan 20 US Shredded Scrap Midwest Daily Rationale
South America
24 Jan 20 Brazil’s pig iron export prices remain stable despite firm demand
Middle East
24 Jan 20 Iran to slap duty on direct reduced iron exports
World
24 Jan 20 WEEKLY IRON ORE WRAP: Weakness seen in quiet market
24 Jan 20 WEEKLY SCRAP WRAP: Markets continue bearish trend
24 Jan 20 WEEKLY MET COAL WRAP: Post-holiday China demand unclear
Corporate & Industry
Asia
24 Jan 20 Wuhan coronavirus dampens sentiment in China's steel markets
24 Jan 20 Lunar New Year holiday schedule
Europe
24 Jan 20 British Steel sale to Jingye 'firmly in sight'
24 Jan 20 Domestic scrap and rebar pricing declines further in Turkey
23 Jan 20 German steel inventory levels drop to almost 20-year low in December
CIS
24 Jan 20 Russian steel exports fall; protectionism closes markets
North America
23 Jan 20 SDI sees auto steel sales picking up on USMCA progress: Millett
Africa
24 Jan 20 Algerian traders fear potential import restrictions on long steel
Middle East
23 Jan 20 UAE's Conares to increase exports through Etihad Credit deal
World
24 Jan 20 Scrap/rebar futures move into sharp backwardation
24 Jan 20 Global market heards selection
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