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Steelmaking Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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US domestic wire rod prices trend vulnerable

Major steel and raw material futures prices in China – March 8, 2024 

Wire rod prices from Turkey’s Aegean region fall

Major steel and raw material futures prices in China – March 7, 2024 

Asian FOB-based wire rod prices stable, CFR prices in SE Asia hit new bottom

Local Turkish rebar spot prices revised to offset currency fluctuations

Bulgarian longs prices drop amid lower scrap prices, sluggish demand

Iskenderun-based Turkish mill revises its rebar price

Ex-Turkey longs prices slide further due to low demand, lower scrap prices

Major steel and raw material futures prices in China - March 6, 2024

Ex-ASEAN billet prices stable despite continued weakening of Chinese market

Iran floats another billet export tender, currency trade rules may tighten trade

Local Turkish rebar spot prices follow diverse trends

Ex-Turkey official merchant bar prices soften

Demand for Asian rebar improves after price fall, buyers seek further reduction

Shagang Group keeps local rebar prices stable for early March

Turkish domestic dollar-based rebar spot prices soften

Turkey’s Kardemir announces its rebar sales

Asian wire rod prices mainly stable after some declines, demand fails to improve

Turkey’s Kardemir cuts its wire rod prices for engineering grade products

Wire rod prices from Turkey’s Aegean region decrease sharply

Turkey’s Kardemir cuts its wire rod prices

Free Local Turkish official merchant bar revised to offset currency fluctuations

Ex-India billet deals work out at slightly higher levels

Saudi Arabia's Hadeed keeps longs prices stable for March amid stable activity

Turkish domestic rebar spot prices decrease as week begins

Turkey’s Icdas cuts its longs prices after a long break

Local Chinese longs prices down further, second week after holiday starts negatively

Southern European longs market remains weak

Asian rebar prices unchanged so far after holiday, outlook cautious

Turkish official merchant bar prices trend down

Romania’s sole rebar mill raises prices, spot market remains stable

Turkish domestic rebar spot prices follow diverse trends

Some ex-ASEAN wire rod offers retreat amid weakness in China, but further falls doubtful

Ex-China billet most competitive in SE Asian billet market amid lower futures prices

Ex-India billet prices remain low as volumes for exports higher, even despite the rebound locally

Shagang Group keeps local rebar prices stable for late February

Turkey’s Kardemir cuts its wire rod prices for engineering grade products

Turkey’s Kardemir issues its wire rod prices after long break

Local Indian rebar trade prices improve slightly, but fundamentals still negative

India’s RINL floats export tender for 15,000 mt of rebar for April delivery

Chinese domestic steel section prices increase slightly

Local wire rod quotations in Indian market - week 8, 2024

India’s RINL floats export tender for 30,000 mt of billet

Turkish domestic rebar spot prices stable in local currency

Local Chinese longs prices only rise slightly after holiday, futures down

Iskenderun-based Turkish mill revises merchant bar prices as week ends

Ex-Turkey official merchant bar prices soften

Turkey’s Kardemir closes its rebar sales

Billet offers in SE Asia limited, fall of around $5-10/mt expected from next week


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.