صادرات فولاد ترکیه در سال ۲۰۲۴ با افزایش چشمگیر ۲۷.۶ درصدی به ۱۳.۴ میلیون تن رسید. این در حالی است که واردات فولاد نیز با افزایش اندک ۱.۷ درصدی به ۱۷.۴ میلیون تن بالغ شد.
Prices of hot-rolled coil across China’s domestic market fell sharply on Monday August 2, while futures prices tumbled after Beijing’s latest comments on carbon emissions reductions sent confusion across the markets, sources told Fastmarkets.
The rise in ticket prices in India is justified by rising environmental risks in recent days. Monsoon rains in India have reduced the rate of direct production of metal products in the country. For this reason, we are witnessing a decline in prices in the domestic markets of this country as well as in the export markets.
Demand in Turkey’s flat steel market remained moderate during the week to Friday July 30 amid holiday season, with prices for hot-rolled coil and cold-rolled coil mixed, market sources said.
Domestic steel rebar and wire rod prices in Turkey have softened over the past week amid falling imported scrap costs and low demand during holiday periods, market participants said on Thursday July 29.
Billet producers from the Commonwealth of Independent States increased offers for foreign customers this week despite the lack of inquiries from typical customers.
Prices of hot-rolled coil in China’s domestic market edged lower on Tuesday July 27 and futures prices fell due to Covid-19 concerns and stock price tumbles weighing on market sentiment, sources told Fastmarkets.
A looming potential steel export tax, and more changes in value-added tax rebates for steel exports, are keeping export trades very thin, sources told Fastmarkets.
The international iron ore market is experiencing stagnant, bargain-free days due to environmental constraints, the Chinese government's entry into production and pricing, and floods and sandstorms in China. Steelmakers prefer to use low-grade iron ore, which puts pressure on the iron concentrate market. For this reason, price drops in this area are also possible.
Vale mine, which is one of the largest mines for the production of iron ore, nickel and copper in the world, has been delayed due to some disruptions in the production process of iron ore. Existence of excess supply factor has caused this mine not to rush to reform the process in this area.
A barrage of import steel billet deals have been concluded with Chinese buyers this week at progressively higher prices, sources told Fastmarkets on Friday July 23.