Mixed expectations for ex-Russia HRC

15 January 2021, 4:09 pm
Expectations are somewhat mixed in the ex-Russia hot rolled coil (HRC) market.

Very low prices only for ex-China SS400 and HR strip in Vietnam, SAE1006 coils hold firm

15 January 2021, 3:48 pm
A number of deals for ex-China SS400 HRC and HR strip in Vietnam have been confirmed in Vietnam over the past week at very low prices.

HRC prices rise further in EU market due to supply shortage

15 January 2021, 1:09 pm
Hot rolled coil prices are still on an uptrend in the EU domestic market, on the back of a shortage of material both locally and from foreign sources.

Strong sales, higher scrap prices boost US HRC, CRC prices

15 January 2021, 12:31 am
The runaway price train within the domestic flat rolled steel market still has steam, sources note, adding that

US HRC exports down 33.2 percent in November

14 January 2021, 8:00 pm

Large HRC volumes booked in Pakistan at discounts

14 January 2021, 4:42 pm
After a relatively long lull in bookings, Pakistani HRC customers have purchased considerable volumes of material within the current week.

Local Turkish flat steel spot prices decline

14 January 2021, 4:37 pm
Prices in the Turkish flat steel spot market have declined by $20-50/mt since last week.

Ex-China HDG prices down following weakening of local market

14 January 2021, 3:00 pm
Ex-China hot dip galvanized (HDG) offer prices have moved down in the past week, following an increasing trend in the previous week.

Negative mood eases in Vietnamese HRC market amid fewer low-priced cargoes

13 January 2021, 4:35 pm
The bearish sentiment in Vietnam’s import HRC market has eased over the past week.

Indian HRC exporters still target higher prices in EU, buyers’ valuations in Asia down

13 January 2021, 3:45 pm
Indian hot rolled coil (HRC) export activity has become moribund, with sellers maintaining offer prices at higher levels.

Chinese CRC mills more interested in exports amid lower local demand and prices

13 January 2021, 2:07 pm
Ex-China offer prices of cold rolled coil (CRC) have moved down in the past week.

Ex-China HRC prices fall contrary to global trend, amid lower domestic demand

12 January 2021, 4:00 pm
Ex-China HRC offer prices have edged down over the past week amid the downtrend in HRC futures and domestic prices in China.

Turkey initiates AD duty probe on HRC from EU and S. Korea

11 January 2021, 4:39 pm
The Ministry of Trade of Turkey has initiated an AD investigation against alloy or non-alloy steel HRC imports from the EU and South Korea.

China returns to Turkish market with competitive HRC offers

11 January 2021, 4:13 pm
Hot rolled coil prices in Turkey have remained high in the second week of the year.

Ex-China plate prices move down further amid traditional offseason

11 January 2021, 3:12 pm
Mainstream ex-China steel plate offer prices from mills have mostly been heard at $655-670/mt FOB for March shipment as of today, Monday, January 11.

Local HRC tradable price in India keeps rising as further base price hike expected

11 January 2021, 2:08 pm
Local Indian hot rolled coil (HRC) base prices have remained stable during the past week.

ArcelorMittal raises its coil offers in EU market by €30-50/mt

11 January 2021, 11:15 am
Global steel giant ArcelorMittal has increased its flat steel offers in Europe for the first time this year on January 8.

US HRC, CRC prices still rising rapidly

8 January 2021, 9:39 pm

HRC export offers maintain uptrend in Brazil

8 January 2021, 9:03 pm

Chinese domestic PPGI prices move down

8 January 2021, 4:43 pm
During the week ending January 8, average prices of pre-painted galvanized iron (PPGI) in the Chinese domestic market have moved down.

Vietnam’s Hoa Phat’s steel sales exceed five million mt in 2020

8 January 2021, 4:34 pm
Hoa Phat achieved record steel sales of more than five million mt in 2020, including 3.4 million mt of finished steel and 1.7 million mt of billet.

Baosteel hikes local HRC price by $54/mt for Feb, HDG price up $108/mt

8 January 2021, 4:19 pm
Major Chinese steelmaker Baosteel issued its prices for carbon steel flat products for delivery in February this year.

Vietnam’s Formosa hikes local HRC price for March by $65/mt to over $700/mt

8 January 2021, 2:44 pm
Vietnamese steel producer Formosa Ha Tinh has announced an increase of $65/mt month on month in its local HRC price for March deliveries.

HRC prices in EU market close to €700/mt

8 January 2021, 2:23 pm
The market players surveyed by SteelOrbis believe domestic hot rolled coil (HRC) prices will keep rising in the first quarter this year.

Turkey’s Isdemir completes maintenance at blast furnace No. 2

8 January 2021, 2:08 pm
İskenderun Demir Çelik has announced the completion of the planned maintenance at its blast furnace No. 2 in Iskenderun, Turkey.

Gap in Vietnam’s import HRC market between mills’ prices and traders’ deal prices still ...

8 January 2021, 1:13 pm
The price range in Vietnam’s import HRC market has remained very wide this week.

Turkey revises import duties on some steel products

8 January 2021, 11:13 am
According to a statement published in the country’s Official Gazette, Turkey has revised import duties on some steel products.

Chinese mills, unwilling to export, hike HDG offers despite low demand

7 January 2021, 2:05 pm
Ex-China hot dip galvanized (HDG) offer prices have moved up sharply in the past week.

EU imposes provisional AD duty on HRC from Turkey

7 January 2021, 11:21 am
The European Commission has announced that it has imposed provisional AD on HRC imports from Turkey.

US HRC imports down 6.4 percent in November

6 January 2021, 8:39 pm