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Longs and Billet Analyses

SteelOrbis provides the latest longs and billet prices and price trends via the longs and billet price reports and market analyses listed below. These longs and billet price reports are derived from actual longs and billet market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Global View on Billet: Stronger China and firm scrap push prices up in most markets

Ex-Turkey merchant bar export prices move sideways

Major steel and raw material futures prices in China – February 21, 2025 

Import rebar and wire rod pricing in US begins upward creep ahead of likely March import tariffs

Local Turkish rebar spot prices mostly soften

Price hikes attempted in southern European longs market, hopes for March

Iskenderun-based Turkish mill increases its rebar price slightly

Long steel prices in Romania stable despite limited trade

Rise in most billet offers scare away SE Asian importers after some deals done earlier at lower level

Low bids for ex-India billet keep trading at standstill, but local market also weakens

Ex-China wire rod prices improve amid cautiously positive outlook, supporting ASEAN offers

Major steel and raw material futures prices in China – February 20, 2025 

US domestic rebar and wire rod prices both up this week

Turkish longs exports silent amid sluggish international demand

Ex-ASEAN semis offers receive further support from improvement in China

Russian billet exporters attempt hikes amid stronger currency, no acceptance in Turkey so far

Turkey’s Kardemir succeeds in selling decent volume of rebar

Turkey’s Kardemir cuts its wire rod price slightly

Turkey’s Kardemir cut its wire rod prices for engineering grade products

Major steel and raw material futures prices in China – February 19, 2025 

Nucor, DeAcero announces $60/nt steel price increase on merchant and structural products for US market

Local Indian rebar market shows mixed trend, selective buying in major hubs hardens prices

Ex-ASEAN billet trading revives after previous slight fall, mood improves this week

Turkish dollar-based merchant bar prices soften

Local Turkish official wire rod prices mostly fall

Iskenderun-based Turkish mill decreases its longs prices by $10/mt

H-beam prices in local Chinese market - week 8, 2025

Major steel and raw material futures prices in China – February 18, 2025 

Local wire rod quotations in Indian market - week 8, 2025

Turkish domestic rebar spot prices revised in order to offset currency fluctuations

Local Chinese longs prices decrease due to insufficient demand, rising stocks

Chinese domestic steel section prices decline slightly

Major steel and raw material futures prices in China – February 17, 2025 

Bulgarian longs prices mainly trend downwards

Wire rod prices in Taiwanese domestic market - week 7, 2025

Domestic rebar prices in Taiwan - week 7, 2025

Turkish merchant bar export prices stabilize

Asian rebar market stable, sentiment bearish due to weak demand and expected tariffs by India

Global View on Billet: Downtrend resumes in Asia, some improvement seen only in Turkey

Major steel and raw material futures prices in China – February 14, 2025 

Local Turkish rebar spot prices decrease

Romanian longs prices still stable but lower levels begin to emerge

Southern European longs market stagnant as demand remains weak

SE Asian billet importers push strongly for declines, trading stops even for sanctioned origins

Ex-Asia official wire rod prices remain stable, but pressure on sellers increases

Turkey’s Kardemir raises billet price, sells over 55,000 mt

Major steel and raw material futures prices in China – February 13, 2025 

US import rebar and wire rod prices remain flat as market digests effects of Trump tariffs

US domestic rebar rises while wire rod stays flat, as Trump announces 25% tariffs on steel and aluminum

Nucor Bar Group increases rebar prices by $40/nt ($43/mt) in reaction to rising scrap prices


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.