Revista InfoAcero Enero 2022

En el siguiente enlace pueden acceder a la edición de Enero de nuestra revista: INFOACERO ENERO 2022

A continuación destacamos algunos de sus contenidos:

1. Opinión – D. José Velasco – Junta Directiva de la UAHE. 
2. Evolución del Índice de Precios de Productos Siderúrgicos – UAHE
3. Formación UAHE:  Finanzas para No Financieros, Introducción a Linkedin, Interpretación de Planos
4. Sector Metal: Actividad de la Industria del Metal -Informe Coyuntura Confemetal
5. Ayudas y Subvenciones: Programas Kit Digital y Moves Flotas
6. Próximos Eventos: Steel Net Forum Barcelona, Advanced Factories, Hannover Messe, Europe Steel Markets

Turkish mills pay premium for prompt-shipment scrap cargoes

Scrap prices in Turkey have continued to rise on fresh offers. However, the number of quotes is limited to certain prompt-shipment cargoes.

A few fresh bookings were heard on Thursday.

A long steel mill is heard to have bought US-origin HMS 1&2 80:20 at $486/tonne and shredded at $506/t cfr Turkey on Tuesday for March shipment. Although there are rumours that this was concluded last week, the supplier confirms it was on Tuesday. The same producer sold UK-origin HMS 1&2 80:20 at $483/t cfr on Wednesday.

Another mill has bought Baltic-origin HMS 1&2 80:20 at $487/t cfr. The supplier was earlier offering the material at $490/t cfr. The buyer says he managed to decrease the price to this level due to a claim related to a past booking.

A flat steel mill in the south is heard to have booked EU-origin HMS 1&2 80:20 at $483/t cfr. The cargo was offered on Wednesday at average $487/t cfr.

A long steel mill has bought UK-origin HMS 1&2 80:20 at $491/t cfr for early shipment, meanwhile.

Turkish mills are seen paying a premium for early-shipment cargoes due to their urgent requirement for material.

A Turkish mill tells Kallanish: “I desperately need material to prevent my production from halting. The urgent need for a prompt-shipment cargo will most probably force me to pay a higher price.”

Following these bookings, however, suppliers are seen targeting to sell HMS 1&2 80:20 at higher prices of around $500/t cfr. Market participants believe this price level can easily be reached this week, particularly for prompt-shipment cargoes.

Burcak Alpman Turkey

COMET Group joined as member of EUROMETAL

We are pleased to inform you that COMET Group joined as member of EUROMETAL.

The COMET Group was born out of a Belgian family-owned steel distribution company and has now several companies located in Belgium and France employing nearly 400 people, with branches as far away as South America and Asia.

COMET Group achieves some of the highest recycling rates in the sector and participates in various European research programmes.

More information on www.cometgroup.be.

SSAB suffers unexpected outage at Finnish blast furnace

One blast furnace at SSAB’s Raahe mill, in Finland, has suffered an unexpected outage. The company is now performing maintenance and the unit should be restarted next month.

The unexpected maintenance work is likely to impact first-quarter earnings by some $65 million, the company states, as well as hit both production and shipments. “SSAB will make every effort to minimise the negative implications for customers,” the Swedish steelmaker says.

SSAB closed 2021 with record operating profit, and with production and shipments recovering from the lows of 2020, Kallanish notes.

Emanuele Norsa Italy

TURKEY DATA: Steel exports up 20% to record 19.9 million mt in 2021: TCUD

Turkey steel exports rose 20% to a record 19.9 million mt in 2021, the Turkish Steel Producers’ Association (TCUD) said Feb. 3, with higher prices meaning revenue was up 93% to to $16.5 billion in 2021.

Overall finished steel consumption in Turkey increased 13% in 2021 to 33.4 million mt.

Steel imports, meanwhile, rose 23% in 2021 to 15.4 million mt, with the cost of imports up 86% to $14.4 billion, TCUD said.

Highlighting the share of imports in domestic steel consumption in 2021, TCUD general secretary Veysel Yayan said the EU and US’s combined share of Turkey’s overall exports declined to 34% in 2021 from 40% in 2020 due to protection measures in those regions.

“As the Turkish steel sector focused on new markets in 2021 in this sentiment, mills’ export volumes to Latin America and South East Asia markets showed considerable increases,” Yayan said, adding that China’s absence in Southeast Asian markets also supported Turkish exports in 2021.

— Cenk Can