SteelOrbis
@SteelOrbis
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Please visit https://t.co/807y2sku8E for up-to-date, reliable and independent #steel prices, market data and e-commerce services!
World
Joined April 2009
🇮🇳Ex-India HDG prices edge up amid hopes of better margins in major outlets in Q4. Ex-India hot dip galvanized (HDG) coil prices have edged up over the past week, contrary to initial market expectations but based on hopes of an improvement in flat product prices in producing
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🇨🇳Major mills in Liaoning raise local HRC, wire rod and rebar prices by $28/mt for Sept. Liaoning Province-based Chinese steelmakers Anshan Iron and Steel, Benxi Iron and Steel (Bengang) and Ansteel Group Lingyuan Iron and Steel Co., Ltd. (Lingyuan Steel) have issued their prices
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📈Turkey’s Kocaer Çelik doubles its net profit in H1 2025. In the given period, the company achieved a net profit of TRY 393.31 million ($9.66 million), double compared to a net profit of TRY 196.14 million in the first half of the previous year, while it registered an operating
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RT @barisesen: 🔴 @SteelOrbis_TR Piyasa Sohbetleri'nin Kocaeli buluşması 16 Eylül 2025, Salı günü Wellborn Luxury Hotel'de gerçekleşecek. 🔴….
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Brazilian high-grade iron ore price increases. The price for Brazilian high-grade iron ore, with 65 percent iron content, is now $120/mt against $118/mt earlier this week, CFR China. Strong steel exports from China, healthy margins for the local steel plants and low inventories
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Ex-Asia billet prices post small gains amid China’s output cuts, deals still very rare. Prices for Asian billet have posted small increases this week amid steel production cuts in China seen in late July recently announced by CISA and continued support from the cost side. At the
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Seasonal lull keeps European HRC market subdued, despite ArcelorMittal price hike plans. The European hot rolled coil (HRC) market has remained largely stagnant this week, with trading activity subdued in line with seasonal trends. Domestic HRC prices are mostly unchanged,
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Local Chinese longs prices gradually roll back as fundamentals like weak demand prevail. During the past week ending August 4, average Chinese domestic rebar and wire rod prices have moved down as weak demand has pushed the market into a negative trajectory again and cautious
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Global View on Billet: Moods still firm, though prices in China lose part of earlier gains. Sentiments in the global billet market have been stable with positive bias, even though the Chinese market has lost a part of its gains seen last and early this week. It is expected that
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Turkish flats spot prices drop sharply as demand falters again. Despite last week’s notable increase in Turkish flats steel spot prices driven by rising hot rolled coil (HRC) prices and an upward trend in China, traders this week were unable to sustain those gains and reverted to
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Turkey shows little interest in import billet, focuses on domestic purchases, local production. In Turkey, interest in imported billet remains at a low level, particularly for Asian origins, given the pending price uptrend, long lead times and overall market uncertainty. While
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RT @SteelOrbis_IT: 🇮🇹Acciaierie d’Italia: il rigassificatore resta cruciale per la #decarbonizzazione dello stabilimento di Taranto. Ma il….
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Optimism builds for ex-India HRC exports amid China’s recovery, Europe’s hikes. Although ex-India hot rolled coil (HRC) prices have largely remained stable in Europe over the past week, a slight upward bias has been noted in offers for the Middle East, though with no significant
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CRC import price offers increase in Brazil. CRC imports in Brazil are negotiated in average at $675/mt, CFR conditions, against $650/mt two weeks ago, according to sources. In the Brazilian domestic market, CRC of the basic commercial grades is offered in medium to large volumes
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The Most Powerful Resource for Strategic Planning in the Steel Industry. The latest issue of our monthly report, “Turkish Scrap and Steel Markets” which provides the most up-to-date datasets and market analysis on the Turkish steel industry, is now available. This comprehensive
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China’s steel market surges amid official call to curb excessive competition. The China Iron and Steel Association (CISA) held a steel industry planning meeting, requiring industry members to adhere to the strict control of increases in steel capacity and the smooth elimination
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Production, Costs and Trade Flows: European Steel Products Markets Report. SteelOrbis' monthly “European Steel Products Markets” report delivers in-depth analysis on crude steel production, trade flows, cost structures, and market balances in key EU countries including Germany,
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HRC prices in Europe show signs of bottoming out. European hot rolled coil (HRC) prices seem to have stabilized this week, suggesting a potential market bottom, with most market sources expecting relative stability ahead of the traditional August production stoppages. Meanwhile,
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Brazilian high-grade iron ore price rose sharply from last week. The price for Brazilian high-grade iron ore, with 65 percent iron content, was $114/mt on July 15, against $106/mt one week before, CFR China. According to analysts, the increase reportedly reflects the shortage of
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