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Feb. 21, 2025

Top Headlines
Italian coils continue uptick despite slow market
European stainless flats market improves slightly
Stronger rouble pressures Russian billet exports
Turkish longs sales struggle, mills seek support
Northern European rod market stable, foresees further hike
Indian rebar prices rebound amid demand-supply mismatch
ASEAN rebar, wire rod import markets drift listlessly
Northwest European coil buyers might face further increase
US OCTG prices soar amidst tariff, supply uncertainty
Feature Article
Australia backs Whyalla Steelworks with investment, rescue funds
Flat Products
SSAB Americas hikes plate prices by $100/st
Italian coil derivatives tick up
India net imports reach record-high in April-January
UK maintains anti-dumping measure on Chinese corrosion-resistant steel
Asia & Pacific
Iron ore boosts on demand recovery
Steel futures surge on consumption recovery
India net imports reach record-high in April-January
Chinese plateau will not deter ore expansion: BHP
UAE steel firms challenge India scrap imports: reports
Donghua Steel commissions new strip line
Malaysia extends moratorium on iron, steel sector
Liangang advances project adding new silicon steel capacity
Vietnam sees weaker steel industry in January
Lower iron ore price drags Rio Tinto profits
Fortescue's profit slumps amid lower iron ore revenue
Port Hedland iron ore shipments slip in January
Whitehaven profit plunges despite higher revenue
Taiwan CSC reports January weakness
Long Products
Türkiye’s Cemtas posts loss in 2024
Europe
Italian coil derivatives tick up
UK maintains anti-dumping measure on Chinese corrosion-resistant steel
Nordic Iron Ore delays feasibility study slightly
Domestic market absorbs Mechel coal, sanctions hit exports
Mechel revenue falls on interest rate, export restrictions
Middle East & Africa
Turkish pipe stabilises, demand expected to improve
Türkiye’s Erciyas concludes $76.3m pipe sales
Vale increases Middle East volumes, revenues
Saudi Steel Pipe reports higher revenue, profit
Türkiye’s Cemtas posts loss in 2024
Raw Materials
Iron ore boosts on demand recovery
Nordic Iron Ore delays feasibility study slightly
Port Hedland iron ore shipments slip in January
Domestic market absorbs Mechel coal, sanctions hit exports
Vale's 2024 earnings weaken despite Q4 sequential growth
UAE steel firms challenge India scrap imports: reports
Mechel revenue falls on interest rate, export restrictions
Canada metal ore prices climb to record high
BHP banks on nickel market improvement
Lower iron ore price drags Rio Tinto profits
Fortescue's profit slumps amid lower iron ore revenue
Chinese plateau will not deter ore expansion: BHP
Americas
SSAB Americas hikes plate prices by $100/st
Vale's 2024 earnings weaken despite Q4 sequential growth
Chile’s 2024 steel consumption slips, outlook positive
Canada metal ore prices climb to record high
Reliance sees higher metal demand in current quarter
Tubes and Pipes
Turkish pipe stabilises, demand expected to improve
Tenaris expects sales volume, profit improvement by Q2
Türkiye’s Erciyas concludes $76.3m pipe sales
Saudi Steel Pipe reports higher revenue, profit
Corporate & Other
BHP banks on nickel market improvement
Global
Tenaris expects sales volume, profit improvement by Q2
Corporate & Industry
Steel futures surge on consumption recovery
Whitehaven profit plunges despite higher revenue
Liangang advances project adding new silicon steel capacity
Malaysia extends moratorium on iron, steel sector
Chile’s 2024 steel consumption slips, outlook positive
Taiwan CSC reports January weakness
Vietnam sees weaker steel industry in January
Vale increases Middle East volumes, revenues
Donghua Steel commissions new strip line
Reliance sees higher metal demand in current quarter