Steel News Global SCRAP REGISTER en-us 2017-03-25T03:21:52+01:00 Beijing Rebar prices down by RMB 20 a ton>uploads/news/2017/3/6586632931490354732 Spot steel markets turned southwards again on Friday. Billet prices in Tangshan lost by RMB 40 a ton. Rebar prices in Beijing went down by RMB 20 a ton. US domestic Raw Steel production advance by 3.7% to 1,747,000 net tons>uploads/news/2017/3/7526429441490345967 United States domestic raw steel production advanced by 3.7 percent to 1,747,000 net tons in the week ended on March 18, 2017, while the capability utilization rate was 73.7 percent, according to the latest figures released by the the American Iron and Steel Institute (AISI). Netherlands Flat Steel product prices remain stable so far in March>uploads/news/2017/3/10753843481490273134 Hot dipped galvanised material is scarce, particularly in the thinner gauges. Consequently, spot selling figures are high. Wire rod demand is quite stable, in the Netherlands. Regional mills are pushing for raised selling values but they are meeting resistance from buyers. Reduced import threat provides boost for EU coated coil prices>uploads/news/2017/3/18753739001490245249 Coated coil basis values continued to escalate, in March, driven by restricted availability of imports and extremely extended delivery lead times from European mills. However, the pace of increases for the other strip mill products slowed and, in parts of Europe, prices stabilised. Beijing spot Rebar prices down by RMB 25/t>uploads/news/2017/3/268392921489753995 In China, port stock prices lost around RMB 15/wmt. Spot billet prices in Tangshan lost RMB 30/t. Spot rebar prices in Beijing went down RMB 25/t. The most active DCE iron ore futures contract price lost 0.69%, while SHFE rebar lost 1.27%. European HRC prices remain mostly stable in February>uploads/news/2017/3/2379027621489647392 European HRC prices remained mostly stable during February this year, as many buyers stayed away from the spot market, instead choosing to work through their inventories, reported the Steel Index. Iron Ore prices continue upward ascent in February>uploads/news/2017/3/11207637431489583704 Iron ore prices continued their upward ascent during February, buoyed by gains in steel prices and better profitability at Chinese mills, reported The Steel Index. US HRC Steel prices fall in February>uploads/news/2017/3/6225940071489578088 United States HRC Steel prices fell in February as anticipated by many in the market due to the usual seasonal slowdown in trade, said the Steel Index. ASEAN HRC Steel import prices gain during February>uploads/news/2017/3/7943781861489558578 The monthly average of ASEAN HRC index was $512.90 a ton in February, up by $3.35 a ton month-on-month. Improved trading activity after the long Lunar New Year break led to small increases in Asian steel prices, said the Steel Index. US Raw Steel production climbs by 6.3% to 1,791,000 net tons>uploads/news/2017/3/20731217701489496064 United States domestic raw steel production climbed by 6.3 percent to 1,791,000 net tons in the week ended on March 11, 2017 while the capability utilization rate was 75.6 percent, as per the latest figures from the American Iron and Steel Institute (AISI).