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Market information steel, iron ore, scrap world 14.12.2015
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According to customs statistics, in January 11/2015, Taiwan imported about 33,754 tonnes of cold rolled steel products, mainly from China, an increase of 1.4 times. However, imports of cold rolled steel products from Japan, Taiwan and South Korea fell dramatically in November.
According to data import, Taiwan has imported 28 595 tons of cold rolled steel, thickness of 1 mm to 19 051 tonnes, with 6736 tonnes 0,5-1mm thickness, 0.5 mm with a thickness of less than 2,808 tons.
(Newsdate) According to the American Iron and Steel Institute (AISI), in month 11/2015, steel imports totaled 2.647 million tons, down 24% compared with the previous month, to 3.473 million tons.
Among them, the import of steel products totaled 2.098 million tons in October, down 8% compared with the previous month, to 2.275 million tons.
(Newsdate) Although the market trend of US steel imports continued to decline, however, the orders seemed to rise before the holidays.
Currently, rebar prices on the US market at about 350-370 USD / ton or US $ 386-408 / t DDP truck.
Market participants said the price of US rebar market is expected to continue to fall this week, but if not, prices will drop after the holiday ends on March 1/2016.
(Newsdate) American Iron and Steel Institute (AISI) reported, in May 10/2015, US steel producers have exported approximately 7,369,472 tons of cargo, up 3.5% compared with the previous month, equivalent 7.120 million tons, down 13.4% from the same month last year, equivalent to 8.508 million tonnes.
Among them, exports of US hot-rolled steel sheet increased by 8% compared with the previous month, CR sheet increased by 2% compared with the previous month, sheets and strip galvanized hot dipped 1% increase compared with the previous month .
(Newsdate) On 9/12, AK Steel Corporation announced that it will raise the price of carbon steel plate spot.
After adjustment, the spot price of hot-rolled steel at $ 420 / ton, cold-rolled steel at 540 USD / ton, hot-dip galvanized steel sheet at 550 USD / ton.
Market participants said the US stock market will recover in the short term, as prices are expected to be promoted. However, in the long term, the market will still not satisfactory, due to the global economic downturn.
According to the Ministry of Development, Industry and Trade of Brazil, in May 11/2015, Brazil has exported 28.12 million tons of iron ore, down 18% compared with the previous month, but increased by 7.87% compared with the same month a year out.
The export turnover of this country reached $ 9 billion, down 20.7% compared with the previous month, down 43% compared with the same month last year.
Meanwhile, Brazil's flat steel exports in November reached 322,400 tonnes, down 8% compared with the previous month and decreased by 11.9% compared with the same month last year.
(Newsdate) Ministry of Development, Industry and Trade of Brazil said that in the month 11/2015, Brazil exported 198,400 tonnes of hot rolled steel, up 3.6% compared with the previous month.
Specifically, ArcelorMittal has about 53,500 tons of export hot rolled coil into Turkey, with price 264 USD / t FOB.
Among them, Brazil has exported 41,500 tons to Asia, up 21.1% compared with the previous month, exports to the United States 38,700 tons, down 50% compared with the previous month, exports 35,200 tonnes to Europe, increasing 88% compared with the previous month.
Brazil Gerdau Group has decided to suspend production plant rolled steel products Simoes Filho Long Bay in Asia, mainly due to sluggish market demand.
Meanwhile, Gerdau said the suspension of activities is temporary, and production will be started when demand recovers in the near future.
In the first 10 months of 2015, the Brazilian Steel Association said that steel consumption down 15.2% of the country over the same period last year.
(Newsdate) According to statistics, in May 10/2015 Canada has exported 3.751 million tons of iron ore, up 10.3% from the same month last year.
Among them, 2,338 million tonnes Canada exported ore concentrate and 1.413 million tons in January 10/2015 ingots.
In the first 10 months of 2015, Canada exported 31.378 million tons of iron ore, down 7.5% from the same period last year.
(Newsdate) steel scrap prices rose 5-10 Nordic euro / ton in December, therefore, European rebar price will rise in January 1/2016.
Currently, rebar market maintains stable Nordic, delivery price at 365-380 euros / tonne.
Market participants said, many manufacturers have stopped producing steel, steel scrap buying activity low maintenance, as well as rebar market is very quiet.
(TTGCVT)
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