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Are Cheap Chinese Steel Exports Really That Bad For U.S.?

Are Cheap Chinese Steel Exports Really That Bad For U.S.?

Domestic HRC steel prices have surged 67% since they hit a floor just six months ago. The duties imposed on steel products caused imports to taper down in a big way this year and U.S. steel mills now have the power to raise ...

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Steel Prices Offer No Foundation for Any Rise in First Half of 2016

Steel Prices Offer No Foundation for Any Rise in First Half of 2016

On the face of it, China’s record iron ore imports last month suggest the uptick in prices during the month wasn’t an aberration. But even though December’s strong import figure of 96.27 million metric tons will boost 2015 iron ore ...

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German Steel mills reduces prices in an effort to maintain output

European steel prices for flat and long products continue to plummet due to end-of-year stock considerations and the seasonal slowdown in activity, said MEPS International.  In December’s release of the European Steel Review, MEPS reports that German steel mills have ...

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European Steel Prices Continue To Slide In December

European steel prices for flat and long products continue to plummet due to end-of-year stock considerations and the seasonal slowdown in activity. In December’s release of the European Steel Review, MEPS reports that German steel mills have reduced prices in ...

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U.S. Steel Saved From Worst Year Ever as Metal Rout Cuts Imports

Steel prices in the U.S. have dropped so much that imports are finally declining. That’s giving shares of U.S. Steel Corp. some relief in a year that was shaping up to be the worst in decades. U.S. Steel surged 14 ...

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Upside Risk for Steel Prices: We Say, So What?

In early October I received a phone call from a well-known consultant/advisor within the domestic steel industry. He wanted to know if we were urging our readers to begin to hedge steel (meaning immediately hedge, as opposed to creating a ...

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Steel prices react to Chinese exports deluging world market

Steelmakers all over the world are facing a crisis of low demand and very low prices, which leave either slender or no margin for producers. Let us consider the case of ArcelorMittal, the world’s largest steel producer. In the third ...

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Imports drive EU Steel prices downwards in September

Despite strengthening demand in a number of west European countries, flat product domestic selling values are being negatively influenced by the availability of very low-priced third country import offers, said MEPS International in a snippet. Cheaper raw material and energy ...

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Mexico’s imports of steel prices from China fell in January-July

Mexico’s imports of finished steel prices from China fell 9% to US$612/ton in January-July compared to the last year. Meanwhile, Mexico’s imports of finished steel products from China reached 637,000 tons, an increase of 46.7% year on year. Meanwhile, Mexico’s ...

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Northern European HRC Steel prices slip to €378 per ton

Northern Europe hot rolled cold (HRC) steel prices slipped by €1 a ton week-on-week to €378 per ton in the week ended August 28, as per the latest figures released by The Steel Index. According to TSI, North European HRC ...

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