Rizhao Steel has booked two iron ore cargoes priced against the September iron ore futures contract on the Dalian Commodity Exchange (DCE), Steel First has learnt.
Import prices for slab in Southeast Asia and East Asia have fallen below $500 per tonne cfr for the first time since late-2013 following recent deals from CIS suppliers, sources told Steel First.
Italian steelmakers are facing a variety of problems affecting the sector’s profitability and prospects. Metal Bulletin Research (MBR) examines the causes and looks at possible remedies.
South Korean exports of oil country tubular goods (OCTG) to the USA can still be competitive despite new anti-dumping margins, according to analysis by Steel First sister company Metal Bulletin Research (MBR).
Europe's market for carbon steel welded tube has suffered from overcapacity, low demand and low prices since the financial crisis of 2008-09 caused construction activity to plummet.