According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, $1 down compared to last week’s prices, and iron ore prices $120/ tonne, $3 down compared to last week’s prices, while the prices of billets ranged between 475 – 520 Dollars per tonne, while it was between 475 – […]
Steel prices in the last day of September 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $375/ tonne, $2 down compared to last week’s prices, and iron ore prices $123/ tonne, $2 down compared to last week’s prices, while the prices of billets ranged between 475 – 515 Dollars per tonne, while it was between 475 –
Steel prices in the fourth week of September 2023 Read More »
BEIJING (Reuters) – Cities in China’s eastern province of Anhui are issuing plans to curb production in the steelmaking, non-ferrous smelting, cement and coal-fired power sectors over the coming winter in a drive to meet a politically crucial air pollution target. Anhui, a key non-ferrous smelting province, took the initiative to curb output even though
China’s top smelting province to cut output in several industries in clean air push Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $376/ tonne, $2 up compared to last week’s prices, and iron ore prices $116/ tonne, $1 down compared to last week’s prices, while the prices of billets ranged between 475 – 510 Dollars per tonne, while it was between 465 –
Steel prices in the second week of September 2023 Read More »
Japanese iron scrap exports in July this year reached 566,718 tons, an increase of 30.2 percent compared to 435,132 tons in the same month of the previous year, according to customs statistics. From January to July this year, Japan exported 4.03 million tons of scrap, an increase of 12.6 percent year on year. During the
Scrap exports in Japan increased by 12.6% during the period from January to July 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, unchanged from last week’s prices, and iron ore prices $117/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 465 – 505 Dollars per tonne, while it was between 460 – 500 dollars
Steel prices in the first week of September 2023 Read More »
Despite the challenging economic environment, the Egyptian steel sector demonstrated surprising resilience. The country increased crude steel production in both July and the first seven months of 2023. Nevertheless, the pressure on mills has been growing day by day. Egypt produced 5.6 million t of crude steel in January-July 2023, indicating a 2% increase in
Egypt ramps up steel production by 2% year-to-date Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $374/ tonne, $1 down compared to last week’s prices, and iron ore prices $116/ tonne, $7 up compared to last week’s prices, while the prices of billets ranged between 460 – 500 Dollars per tonne, while it was between 55 –
Steel prices in the fourth week of August 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $361/ tonne, $10 up compared to last week’s prices, and iron ore prices $106/ tonne, $1 up compared to last week’s prices, while the prices of billets ranged between 445 – 480 Dollars per tonne, while it was between 4 435
Steel prices in the second week of August 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $351/ tonne, $1 less compared to last week’s prices, and iron ore prices $105/ tonne, $5 less compared to last week’s prices, while the prices of billets ranged between 435 – 470 Dollars per tonne, while it was between 440 –
Steel prices in the first week of August 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $352/ tonne, $3 less compared to last week’s prices, and iron ore prices $110/ tonne, $6 less compared to last week’s prices, while the prices of billets ranged between 440 – 480 Dollars per tonne, while it was between 440 -490
Steel prices in the last week of July 2023 Read More »
The Ministry of Economy decided to extend the ban on exporting scrap iron and paper waste until September 19, 2023. In its Decision No. 89 of 2023, regarding extending the implementation of Ministerial Resolution No. 50 of 2023, with regard to temporarily stopping the export of scrap iron and paper waste, the ministry revealed the
UAE stops exporting scrap iron until September 19, 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $355/ tonne, $15 less compared to last week’s prices, and iron ore prices $116/ tonne, $1 less compared to last week’s prices, while the prices of billets ranged between 440 -490 Dollars per tonne, while it was between 450 -490 dollars
Steel prices in the fourth week of July 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $370 / tonne, $9 less compared to last week’s prices, and iron ore prices $117 / tonne, $7 an increase of $7 compared to last week’s prices, while the prices of billets ranged between 450 -490 Dollars per tonne, while it
Steel prices in the third week of July 2023 Read More »
Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023 In June 2023, the scrap collection volume in Ukraine increased by 11.6% compared to May 2023 and raised by 2.06 times compared to June 2022, reaching 86.7 thousand tonnes. This is according to the report of the Ukrainian Association of Mineral
Report: scrap collection in Ukraine decreased by 25.2% during the first half of 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to $379 / tonne, $1 less compared to last week’s prices, and iron ore prices $110 / tonne, $2 less than last week’s prices, while the prices of billets ranged between 490-530 Dollars per tonne, while it was between 500-540 dollars per
Steel prices in the second week of July 2023 Read More »
The EU continues to invest in several EAF steelmaking projects planned or underway in Europe, often with government subsidies. They also receive funding from the European Union, which increases the expectations of growing demand for scrap under these circumstances. Most often, these projects are based on plans to decarbonize production. The investment is being combined
The Russian government has announced that it had extended scrap export quotas for another six months, from July 1 to December 31, 2023. A Russian manufacturer said: “This measure is a way to prevent an excessive increase in domestic prices for long steel products.” The quota for scrap exported outside the Eurasian Economic Union (EEU)
Russia extends scrap export quotas until the end of 2023 Read More »
According to the prices announced in the global steel markets, scrap prices reached $380/tonne, unchanged from the previous week. Iron ore reached $112/tonne, unchanged from last week too, while billets ranged between $500-540 per tonne, which were Between 504 – 550 dollars per tonne last week, and the prices of rebar between 605 – 640
Steel prices in the first week of July 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to 380 dollars/tonne, 8 dollars less compared to last week. Iron ore prices reached 112 dollars/tonne, 4 dollars less. As for billet prices, they ranged between 504-513 dollars per tonne, which were between 515-560 dollars per tonne last week. Rebar prices varied
Iron and steel prices in the fourth week of June 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to 387 dollars / tonne, less than 1 dollar compared to last week’s prices, and iron ore prices 116 dollars / tonne, an increase of 1 dollar compared to last week’s prices, while the prices of steel Billets ranged between 515-560 dollars
Iron and steel prices in the third week of June 2023 Read More »
According to the prices announced in the global steel markets, scrap prices amounted to 388 dollars / tonne, an increase of 3 dollars compared to last week’s prices, and iron ore prices 115 dollars / tonne, an increase of 8 dollars compared to last week’s prices, while the prices of Billets ranged between 510 – 550
Iron and steel prices in the second week of June 2023 Read More »
Customs data showed that China’s imports of iron ore increased by 3.95% in May compared to May 2022, as the relative increase in production led to continued demand for components of the steel industry. The General Administration of Customs said that the imports of (China), the largest consumer of iron ore in the world, amounted
China’s iron ore imports increased by 7.7% in January-May 2023 Read More »
A report on global scrap price rise Read More »
In April 2023, Turkish scrap imports decreased by 19.5% compared to April 2022, reaching 1.74 million tonnes, according to data from the Turkish Statistical Institute (TUIK). In April 2023, the average scrap price was $441 per tonne, compared to $548 per tonne in April 2022 and $426 per tonne in March 2023. The Netherlands was
Türkiye’s scrap imports declined by 19.5% in April Read More »
The Iron and Steel Company for Mines and Quarries announced that it achieved total sales in April, amounting to 30.11 million pounds. The company stated, in a statement to the Egyptian Stock Exchange, today, that the sales of Bahariya Oasis mines in March amounted to 30.07 million pounds. The company added that the sales value
Egypt: 30.1 million pounds of iron and steel sales to mines in April Read More »
According to the prices announced in the global steel markets, scrap prices reached 385 dollars/tonne, unchanged from last week’s, and iron ore prices were 107 dollars/tonne, an increase of 5 dollars over the previous weeks. Billets prices ranged between 515 – 555 dollars per tonne, which were between 520 – 565 dollars per tonne last
Iron and steel prices in the first week of June 2023 Read More »
Report: The European Union can become a scrap importer within five years Read More »
According to the prices announced in the global steel markets, scrap prices amounted to 385 dollars/tonne, an increase of 8 dollars over last week. Iron ore prices reached 102 dollars/tonne, down by 6 dollars from last week’s prices, while the billets prices- ranged between 520 – 565 dollars per tonne, which were between 525-570 dollars
Iron and steel prices, the fourth week of May 2023 Read More »
According to the prices announced in the global steel markets, scrap prices reached $375 per tonne, the same as last week’s prices, and iron ore prices reached $108 per tonne, an increase of $5 over last week’s prices, while the steel billet squares prices ranged between 525-570 dollars per tonne, while they were between 520-560
Iron and steel prices, the third week of May 2023 Read More »