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Nippon Steel raises flat steel prices by $144/mt for February
Nippon Steel, Japan's largest integrated steel producer, has raised the prices of its carbon steel rolled products to $144/tonne for February shipments as production costs have risen, which could allow domestic steel prices to rise to reach global levels. The price...
Turkish steel mills resume bulk scrap bookings
The global scrap market remained upbeat as prices for imported scrap remained stable in the new year after recording new nine-year highs on 20 December. With this stability, Turkish buyers resumed bulk bookings this week after remaining quiet over the past week due to...
Baosteel raises HRC list price by $54/t for February delivery
China's leading steel producer, Baosteel, has published the list prices of its flat steel products for delivery in February. As per the company's official publication, the list price for: HRC increased by RMB 350/tonne ($54)Heavy plates - up by RMB 300/tonne ($46)CRC...
US ferrous scrap exports rebounded 27% in October
The world's largest ferrous scrap supplier (US) exports increased 27% from last month, up 27% m-o-m to 1.47 million tonnes in October 20, as shipments to Turkey, Bangladesh and Mexico surged. However, on a year-on-year basis, export volumes totalled 1.52 million...