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WORLD STEEL MARKET DAY 15/12
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According to Taiwan's Ministry of Finance, in the first 11 months of 2015, exports fell by 10.3% of Taiwan over the same period last year, export orders also fell by 5.3% due to the economic situation of Taiwan increasingly serious decline, will influence the capacity of the iron and steel industry
(News date) Feng Hsin Iron & Steel Co., a manufacturer of long steel products in Taiwan announced large stable rebar prices and scrap prices this week. After the announcement, the price of rebar was at NT $ 11,300 / ton; steel price remained at 16,500 Taiwan dollars / ton. Scrap purchase price of the company at 4,500 ~ 5,000 Taiwan dollars / ton.
(MEPS) This year, the proportion of China's steel exports reached 100 million tons. The Chinese steel exports soared pushing the steel industry in Europe and the US face the crisis, in the context of the steelmakers on both sides of the Atlantic are still struggling to recover from the world financial crisis bridge in 2008. Currently, China's surplus of 340 million tons of steel, more than 2 times the number of steel which countries the European Union (EU) produced in a year.
(News date) Exports of seamless steel tubes welded Italy remains weak, due to seasonal factors in the major exporting countries. Despite the sluggish market demand in recent months, but the pipe supplier in Italy remains the domestic and export prices stable, due to weaker euro against the dollar. Currently, seamless pipe sizes 2 "-6" of Italy for the price of 800 ~ 820 Euro / ton, ex-works prices. Price of steel pipes ASTM A106 Class B 1060 ~ 1085 cost Euro / tonne FOB, ex-works prices.
(News date) Italian scrap prices fell slightly in early November but increased by 10 ~ 15 Euro / ton at the end of May 11. Meanwhile, major steel mills have increased prices Italya buy to hold scrap reserve levels relatively ceased production during January 12. Currently, domestic steel scrap prices (E5) of 135 ~ 145 Italya Euro / ton price of steel scrap (E3) price is 165 ~ 175 Euro / tonne, excluding VAT.
(News date) SNG has offered iron to Italy with the bidding price is 215 ~ 220 USD / ton CIF. However, the most recent trading price of 200 euros / tonne CIF. Market participants said the price was not acceptable, especially because prices are accepted will depend on market conditions in January.
(News date) According to statistics for the month 10/2015, iron ore exports reached 5.808 million tonnes of South Africa, an increase of 28.3% over the previous year. The average export price reached $ 60.8 / ton, down 38.3% over the previous year. Among them, South Africa has exported 4.509 million tons of iron ore to China; 257,000 tons of iron ore to Hong Kong; 210,000 tons of iron ore to Korea and 200,000 tonnes exported to Japan.
Source: GCVT
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18/8/2025
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