Rebar

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Market sentiments in the Chinese steel market were bolstered by the gains in futures followed by the government’s efforts to thrust the recovery of the steel demand. Meanwhile, China also announced a rate cut in its Required Reserve Ratio (RRR) further adding a push to buying sentiments in the market. Rebar and billet prices ascended this week while HRC prices depicted a slight fall.
News ID: 8823    Publish Date : 2020/03/14

Price gap in Indian long steel products of large and medium/small scale mills widened further as offers through the secondary mills dropped rigorously due to dull demand. Thus the re-rollers increased trade discounts to ease selling pressure.
News ID: 8821    Publish Date : 2020/03/14

Iran’s steel output stood was recorded at 43.28 MnT during the first 11 months of the current Iranian year (21 Mar’19 - Feb’20) to register a Y-o-Y rise of 7.96%. The figure includes both semi-finished and finished steel output.
News ID: 8711    Publish Date : 2020/03/12

The medium scale steel mills in Dhaka, Bangladesh have kept their rebar prices firm over average demand prevailing in local market, SteelMint learned from its credible sources.
News ID: 8622    Publish Date : 2020/03/05

Indian Induction grade Billet export offers dropped rigorously on account of falling prices in Indian domestic market.
News ID: 8613    Publish Date : 2020/03/03

Iran’s steel output was recorded at 39.46 MnT during the first 10 months of the current Iranian year (21 Mar'19 - 20 Jan'20) to register a Y-o-Y rise of 8.79%.
News ID: 8610    Publish Date : 2020/02/25

Indian rebar prices remained flat over the past week amid sluggish demand from the construction sector.
News ID: 8251    Publish Date : 2020/01/08

Chinese vanadium prices have fallen in 2019 from a year earlier on a rise in spot availability and lower demand from producers of reinforcement steel bar (rebar) amid a slowing economy.
News ID: 8089    Publish Date : 2019/12/24

Medium scale mills in Bangladesh have inched down rebar offers amid slow trades. However raw material (melting scrap) prices continue uptrend.
News ID: 8038    Publish Date : 2019/12/13

Indian medium and small scale mills have raised rebar offers amid strengthening raw material (billet) prices along with improved trade volume. Rebar prices increased by INR 400-1,300/MT (USD 5-19) across markets on weekly basis.
News ID: 8019    Publish Date : 2019/12/18

India's domestic rebar prices fell by 500-1,000 rupees/t ($7-14/t) this week as sales fell, reversing a brief increase in demand last week.
News ID: 7910    Publish Date : 2019/12/11

China's largest private-sector steel producer Jiangsu Shagang has kept its rebar ex-works prices flat for mid-December deliveries in an attempt to stabilise market sentiment.
News ID: 7908    Publish Date : 2019/12/11

Turkish steelmakers have maintained real term spreads between scrap purchases and rebar sales at around $170/t throughout November and December, despite the spread between current scrap and rebar prices dropping to below $150/t this week.
News ID: 7805    Publish Date : 2019/12/06

This week nation's domestic steel prices reported a surge on a weekly basis over restricted supply amid recently announced production curbs. Along with this, RMB strengthening over USD, and strong domestic demand resulted in an upside in steel prices.
News ID: 7748    Publish Date : 2019/11/23

Drops in steel prices and quota exhaustion changed the trade flows for certain products in and out of the EU in September, Eurofer data show.
News ID: 7486    Publish Date : 2019/11/15

Indian Finish long steel exports surged by 47.7% Q-o-Q in Q2 FY’20, as per the customs data maintained with SteelMint. Finish long steel export was recorded at 309,641 MT in Q2 FY’20 against 209,612 MT in Q1 FY’20.
News ID: 7417    Publish Date : 2019/11/11

India's medium & small scale mills have raised rebar offers amid improve trade activities in few specific regions and movement post Diwali holidays.
News ID: 7403    Publish Date : 2019/11/07

Chinese private-sector steel producer Jiangsu Shagang increased its rebar ex-works prices by 60 yuan/t ($9/t) for mid-November deliveries, as rebar inventories extended their falls into November to support spot prices.
News ID: 7356    Publish Date : 2019/11/11

Inventories of construction steel re-bar with large mills in India dropped to ~650,000 MT at the end of October, according to recent survey done by SteelMint.
News ID: 7341    Publish Date : 2019/11/04

SteelMint learned from market participants that after remaining stable for around a week, Turkish imported scrap prices have inched up marginally in a recent deep-sea bulk booking being concluded yesterday. After observing a sharp rebound in prices during the first 3 weeks of October’19 amid numerous bookings witnessed, the prices have mostly remained stable in the last week.
News ID: 7305    Publish Date : 2019/10/31

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