Global View on Billet: Bullish views persist, though trading slows down
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04
Feb
Yearly Archives: 2022
04
Feb
Indian steel mills struggle to find met coke at reasonable prices
Indian steel producers have continued to face challenges finding competitively-priced offers of metallurgical coke in the domestic market.
04
Feb
Ex-Iran billet trade hit by tight power supply, some sporadic deals done
Ex-Iran export steel billet trading has remained constrained by restrictions imposed by the Iranian government.
04
Feb
Bids for ex-Japan scrap stable, rise awaited next week with better demand
By the end of the week some South Korean buyers have returned to the market with bids for Japanese material at the same level as seen last week.
04
Feb
Ex-India billet prices rise much further amid higher local prices, lower allocation
Despite a lack of trading activity in the global billet market, target prices of Indian billet exporters rose much further by the end of the week.
04
Feb
04
Feb
04
Feb
04
Feb
Wire rod suppliers increase target prices in SE Asia further
The uptrend in the billet market and rising raw material costs have pushed up import wire rod prices in Southeast Asia again.
04
Feb
Indian mills hike rebar base prices
Indian integrated steel mills led by Tata Steel and Jindal Steel and Power Limited (JSPL) have started increasing base prices for rebar.