Home Company Profile Steel Industry Analysis Meps Publications Consultancy Independent Studies
MEPS Steel Prices On-line MEPS Steel Reports On-line MEPS Industrial Sector Steel Price Index

Company Profile
Steel Industry Analysis
MEPS Steel Publications
Steel Consultancy
MEPS World Steel Prices
Independent Studies
Request Free Publications
MEPS Index Steel Prices
Steel Statistics
Subscribe to Publications
MEPS Steel News
Industry News
MEPS Sponsored Events
Steel Links
Subscription Rates
Add Link To Website
Content for Websites
Contact Us
Site Map


Home > MEPS Steel News - 06.12.2016


According to MEPS research, International flat steel product selling figures have been on an upward trend throughout 2016. Substantial hikes are anticipated when negotiations between mills and customers are concluded, in December. Further strong gains are likely in the first quarter of 2017. Spot coking coal prices have more than tripled to top US$300 per tonne in recent months, while iron ore values are fluctuating in the US$70-80 per tonne range. Due to the large rises in raw material expenditure, steelmakers are making concerted efforts to lift their selling figures. With competitively-priced imports unavailable in many Western nations, buyers are liked to accept the higher prices tabled by their local steel producers in order to secure sufficient material.


Source: MEPS International Steel Review - November 2016 Issue

Free Sample copies of MEPS Reports

Purchase the latest copy of International Steel Review here


Sign up for free MEPS steel news alerts

Enter e-mail address *Required


If you are a journalist please tick here: