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SAO PAULO -- Vale SA is trying to determine 'the best destination' for the Ferro Gusa Carajas SA (FGC) industrial plant, a pig iron producer in Brazil's northern region of [...]

The article focuses on developments in the regional steels sectors from around the world in 2016, along with the outlook for 2017. It cites the top steelmakers like ArcelorMittal SA, Baowu Steel Group and Nippon Steel & Sumitomo Metal Corp. Topics covered include the projected growth for the North American market, the challenges faced by Ukraine brought about by conflict in the east region and the success of Russian steelmakers in maintaining stable production levels.

The article reports that global commodity prices, exchange rate movements, and China's macroeconomic strategy are amongst many major factors impinging on Asian markets and presents views of several brokers, banks and traders on the same. Topics include view of Ben Stewart, chief executive officer (CEO) of logistics firm AVRA International that geopolitical climate continue to stress its investment decisions and view of John Browning founder of brokerage firm Bands Financial on its expansion.

The article focuses on the ranking of the world's top steelmakers by the periodical "Metal Bulletin" in 2015. Topics include the geographical distribution of global steel production and the stability of the biggest steel producers across the world, the performance of the North American steel market, and the contribution of price increase in the rise of U.S. steel imports. A table is also presented.

The Singaporean import market for rebar has continued to show virtually no trading activity over the past week as offer prices from China continued to rise. [ABSTRACT FROM AUTHOR]

Indonesia has decided to extend existing safeguarding duties on aluminium-zinc-coated flat steel imports for a further three years. [ABSTRACT FROM AUTHOR]

The Australian Anti-Dumping Commission has started an investigation into imports of rebar from Greece, Indonesia, Spain, Taiwan and Thailand. [ABSTRACT FROM AUTHOR]

Import prices for re-rolling-grade hot rolled coil (HRC) in Vietnam continued to move up over the past week, amid supply tightness from China and increasing offer prices from other origins. [ABSTRACT FROM AUTHOR]

Import prices for steel billet in Southeast Asia have spiked in recent days as buyers from the Philippines finally started to book cargoes after several weeks of very low trading activity. [ABSTRACT FROM AUTHOR]

Buying activity in Singapore's rebar import market has slowed down over the past week with a big gap opening up between offer prices and bids. [ABSTRACT FROM AUTHOR]

Japanese crude steel output was unchanged year-on-year in May 2017, with electric arc furnace (EAF) mills compensating for a drop in production by basic oxygen furnace (BOF) operators. [ABSTRACT FROM AUTHOR]

Import prices for re-rolling-grade hot rolled coil (HRC) in Vietnam have moved upward for a second week as some buyers hurry to restock amid tightness of supply from China. [ABSTRACT FROM AUTHOR]

Chinese steelmaker Delong Holdings is planning to set up a joint venture to build and operate a 3.50 million-tpy stainless steel plant in Indonesia. [ABSTRACT FROM AUTHOR]

Import prices for steel billet in Southeast Asia moved up over the past week due to higher offer prices and the impact of defaults from Chinese suppliers for previous deals. [ABSTRACT FROM AUTHOR]

Steel billet prices moved up last week in most regional markets despite a general weakness in demand for long steel products, with the biggest gains seen in China and Southeast Asia. [ABSTRACT FROM AUTHOR]

Taiwan's Feng Hsin Steel has lowered the amount it is paying for domestic ferrous scrap by NT$200 ($7) per tonne in spite of an uptrend in import prices for the steelmaking raw material. [ABSTRACT FROM AUTHOR]

The import market for containerised HMS-grade ferrous scrap in Taiwan became turned uncertain this week after local mills cut their domestic buying prices for the steelmaking raw material even as the international market moved upward. [ABSTRACT FROM AUTHOR]

The Australian Anti-Dumping Commission has extended for a second time the deadline of an anti-dumping investigation into imports of alloy round steel bar from China. [ABSTRACT FROM AUTHOR]

Sentiment in Singapore's rebar import market turned bearish again this week, following news about a low-priced booking of Chinese material scheduled for shipment in the last quarter of the year. [ABSTRACT FROM AUTHOR]

Import prices for re-rolling-grade hot rolled coil (HRC) in Vietnam moved up again over the past week on the back of more expensive offers from Chinese suppliers. [ABSTRACT FROM AUTHOR]

Import prices for slab in Asia have slipped below $400 per tonne cfr with market sentiment remaining bearish among buyers due to a seasonal slowdown in the region. [ABSTRACT FROM AUTHOR]

Taiwan�s Feng Hsin Steel has raised both its domestic ferrous scrap purchase prices and its rebar selling price by NT$200 ($7) per tonne this week, amid costlier imports of the steelmaking raw material. [ABSTRACT FROM AUTHOR]

The import market for steel billet in Southeast Asia continued to be under pressure from low booking activity over the past week and competitive offers from Iran. [ABSTRACT FROM AUTHOR]

Buying activity in most billet markets was reduced last week amid weaker demand for finished steel due to Ramadan, the wet season in Asia and new trade restrictions in some countries. [ABSTRACT FROM AUTHOR]

Import prices for containerised HMS-grade ferrous scrap in Taiwan have been mainly steady this week despite increasing volumes being booked in the market. [ABSTRACT FROM AUTHOR]

The Australian Anti-Dumping Commission has initiated a review of anti-dumping duties affecting one Malaysian exporter of certain hollow structural sections. [ABSTRACT FROM AUTHOR]

Import prices for containerised HMS-grade ferrous scrap in Taiwan have increased for the second week, as suppliers from the USA continued to raise their offers, supported by higher prices from Japan. [ABSTRACT FROM AUTHOR]

The Australian Anti-Dumping Commission has started an investigation into imports of wire rod in coil form from Indonesia, South Korea and Vietnam. [ABSTRACT FROM AUTHOR]

China's ferrous futures rose during morning trading on Thursday June 8, with the steel contracts experiencing the biggest gains amid support from the physical market over the past couple of days. [ABSTRACT FROM AUTHOR]

Rebar importers in Singapore mostly stayed out of the market over the past week as local prices continued to come under pressure while rumours about a large unsold Turkish cargo intensified. [ABSTRACT FROM AUTHOR]

China's ferrous futures were rangebound during morning trading on Wednesday June 7, with steel contracts dipping while those for raw materials inched up slightly. [ABSTRACT FROM AUTHOR]

Vietnamese importers of re-rolling-grade hot rolled coil (HRC) have mainly stepped away from the market over the past week amid expectations of further price drops from China and other countries. [ABSTRACT FROM AUTHOR]

China's ferrous futures experienced a second mixed morning this week, with only the rebar contract registering any significant movement in the early session on Tuesday June 6 while those for hot rolled coil, iron ore and coking coal were rangebound. [ABSTRACT FROM AUTHOR]

Of all the major developments in the Asian steel industry last year, arguably the most important one has to be the merger between Baosteel and Wuhan Iron & Steel (Wugang) - two of the biggest steelmakers in China. [ABSTRACT FROM AUTHOR]

China's ferrous futures were mixed during morning trading on Friday June 9, with steel contracts continuing to rise while those for raw materials trended downwards. [ABSTRACT FROM AUTHOR]

Australia has set provisional anti-dumping duties on imports of galvanized steel products from India, Malaysia and Vietnam. [ABSTRACT FROM AUTHOR]

Interest in Chinese steel billet has started to pick up again in Southeast Asia after an absence of around three weeks, as weakness in the Tangshan market encourages some traders to start short-selling again. [ABSTRACT FROM AUTHOR]

Vietnam's Ministry of Industry & Trade has decided to implement a definitive 19% safeguard duty on imports of pre-painted galvanized steel that exceed the country's stipulated annual volume quotas. [ABSTRACT FROM AUTHOR]

The regional steel billet markets mostly fell quiet last week because of the start of the Islamic holy month of Ramadan and the persistence of high export offer prices from China. [ABSTRACT FROM AUTHOR]

The rebar import market in Singapore has continued to see no booking activity over the past week because of high offer prices, even though buying interest is increasing, according to market participants. [ABSTRACT FROM AUTHOR]

Taiwan's Feng Hsin Steel has announced increases for both its domestic ferrous scrap purchase prices and its rebar selling price, a company official told Metal Bulletin. [ABSTRACT FROM AUTHOR]

Import prices for containerised HMS-grade ferrous scrap in Taiwan have increased this week, as tight supply from the USA and a strengthening yen drove up offer prices. [ABSTRACT FROM AUTHOR]

Expectation has been growing among Vietnamese importers of re-rolling-grade hot rolled coil (HRC) over the past week that there would be price drops from Indian suppliers, as offer prices from Chinese mills continue to be high. [ABSTRACT FROM AUTHOR]

Formosa Ha Tinh Steel, the Vietnamese subsidiary of Taiwanese steelmaker Formosa Plastic Group, started up its first blast furnace on Monday May 29, a company official has confirmed. [ABSTRACT FROM AUTHOR]

Slab import prices have dropped this week in Asia as regional re-rollers struggle with seasonally low demand resulting from the Islamic holy month of Ramadan in Indonesia and Malaysia and the rainy season in several countries. [ABSTRACT FROM AUTHOR]

SteelAsia Manufacturing Corp, the biggest steelmaker in the Philippines, has signed a memorandum of understanding (MoU) with Russia's Evraz for the supply of steel billet. [ABSTRACT FROM AUTHOR]

Southeast Asia's steel billet import market quietened down over the past week as buyers from the region's two biggest consumers - the Philippines and Indonesia - refrained from closing deals. [ABSTRACT FROM AUTHOR]

The Philippines is eliminating a most-favoured-nations (MFN) tariff of 3% on imported billet from June 17 onwards. [ABSTRACT FROM AUTHOR]

China's ferrous futures were mixed during morning trading on Monday June 5, with steel contracts plunging amid a weakening physical market while those for iron ore and coking coal posted some gains. [ABSTRACT FROM AUTHOR]

The article reports on the increasing steel import prices in Southeast Asia in May 2017. Topics discussed include the assessment by "Metal Bulletin" for billet imports in Southeast Asia, the prices of local rebar which range from 460-465 dollars per tonne, and the bookings of steel imports in the Philippines.