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.
The availability of significant volumes of lower-priced induction furnace (IF) steel billet in the Philippines import market has led to a cooling of interest in higher-priced blast furnace (BF) billet, sources told Fastmarkets on Friday July 2.
Turkish deep-sea scrap import prices fell at the end of the week after a fresh cargo from the Baltic Sea came to light, market participants told Fastmarkets on Friday July 2.
Europe has officially extended its steel import tariff for another three years. Steel prices in the EU reached their highest level ever. The reason for this price increase is the consolidation of the monopoly of steel producers in this union. This is likely to be a disappointment for steelmakers and a disappointing news for traders.
The Asian scrap metal market has been growing rapidly over the past year. Japan is the flagship of the use of scrap iron in the Asian steel industry. Last year, Vietnam performed very well and satisfactorily in this area. Using electric arc furnaces and changing their feed to scrap iron can be a great opportunity to adjust the price of iron ore.
Hot-rolled coil prices across China’s domestic market moved higher on Wednesday June 30, supported by futures prices that are underpinned by expectations of lower production for the rest of this year.
In recent days, China has taken a closer look at the world's iron ore markets, especially Australia's iron ore. Prices in the Australian iron ore market are currently undervalued due to their remoteness from other global markets. This was done so that the Chinese government would seize the opportunity. China has a long-term plan for iron ore.
The steel rebar and billet import market in the United Arab Emirates was slow after the country’s biggest steel producer announced reduced rebar prices, sources told Fastmarkets on Tuesday June 29.
Flat steel prices for imports into the United Arab Emirates and Saudi Arabia decreased during the week ended Tuesday June 29, but demand was better because of low stock levels, Fastmarkets was told.
The seaborne premium hard coking coal price stayed large stable in the cfr market because most market participants adopted a wait-and-see attitude on Tuesday June 29, market sources said, while the price of premium hard coking coal fob DBCT inched higher on buying interest.
The UAE rebar trend has been assessed in accordance with the latest Metal Bulletin forecasts. Prices in the UAE market are in line with global markets, and this order is less common in Asian countries. It seems that the price of rebar in the UAE market will continue to decline.