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2019 - 05 - 24
Demand for flat products, in northern Europe, varies by country and by end-use. Selling values, in mainland Europe, continued on the downward trend that began last month. In the Nordic countries, while many prices have been maintained, they are expected to decrease, in the near term. Third country offers are, for the most part, unattractive.Industrial activity is, generally, stronger in Scandinavia than in the rest of Europe, although Norwegian consumption is a little subdued. Demand for hot rolled coil, in Denmark, from the building industry, is fair. The local economy in Sweden is healthy an...
2019 - 05 - 17
Worldwidecrude stainless steel production, in 2018, reached an all-time high total ofmore than 50.7 million tonnes. This represents an increase of 5.5 percent,compared with the year earlier figure. MEPS predicts that global output willgrow by approximately 4 percent, in 2019, to achieve a new record high mark ofaround 52.7 million tonnes.In theUnited States, the effects of tariffs and quotas, arising from the Section 232action, began to subside, last year. More competitive import offers became available,while growth in domestic demand slowed. Consequently, a moderate increase inoutput, of arou...
2019 - 05 - 08
Worldwide crude stainless steel production, in 2018, reached an all-time high total of more than 50.7 million tonnes. This represents an increase of 5.5 percent, compared with the year earlier figure. MEPS predicts that global output will grow by approximately 4 percent, in 2019, to achieve a new record high mark of around 52.7 million tonnes.In the United States, the effects of tariffs and quotas, arising from the Section 232 action, began to subside, last year. More competitive import offers became available, while growth in domestic demand slowed. Consequently, a moderate increase in output...
2019 - 04 - 30
In Brazil, the Instituto Nacional dos Distribuidores de Aço (Inda) reports that, in March 2019, domestic flat rolled finished steel sales totalled 312,900 tonnes – up 19.0 percent, compared with the corresponding figure in the previous year. However, the association is forecasting that both sales and purchases of flat steel will fall by almost 10 percent month-on-month, in April. The trading environment is gathering momentum, in the Russian Federation. Flat product suppliers are now offering material from their scheduled June production. Bullish distributors are forecasting that sales vol...
2019 - 04 - 26
Regional mills’ input costs are rising but they are struggling to fill their production capacity. Competitively priced import offers are scarce, while local purchasing activity is, mostly, quite weak. Consequently, the majority of selling values reported are slightly down. The remainder are unchanged, with the expectation of imminent reductions.Demand for hot rolled coil, in Denmark, is subdued. End-users, in Sweden, are reluctant to pay more and distributors attempted to minimise price rises in their quarterly agreements with producers. Sales volumes remain satisfactory, in Norway, but buyers...
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