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Turkish imported ferrous scrap prices dipped sharply mid-week amid negative sentiments in the overseas supplier market.
Turkish imported ferrous scrap prices dipped sharply mid-week amid negative sentiments in the overseas supplier market. The absence of Benelux (Belgium-the Netherlands-Luxembourg) suppliers in the negotiations also caused a drastic drop in prices from this region into Turkiye.
2024-02-28
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The hot-rolled coil production of 37 Chinese flat steel producers monitored regularly by Mysteel decreased by 104300 tons or 3.3% compared to last week
Production of hot-rolled coils (HRC) among the 37 Chinese flat steel producers Mysteel regularly monitors totalled 3.05 million tonnes during the week of February 18-23, easing by 104,300 tonnes or 3.3% on week, the results of the latest weekly production survey show.
2024-02-24
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Baosteel has increased the price of domestic hot-rolled coils sold in March by 100 yuan/ton (14 US dollars/ton)
Baosteel, a subsidiary of China’s largest steelmaker China Baowu Steel Group, has raised domestic hot rolled coil (HRC) prices for March sales by 100 yuan/t ($14/t). For sales in February, prices for these products remained unchanged.
2024-02-01
