December 2019

COKING COAL DAILY: China still buying amid year-end festive season

Seaborne coking coal prices were steady on Thursday December 26, with Chinese market participants driving trading activity in the absence of buyers from other parts of the world due to the year-end festive season.

CHINA HRC: Mills keep export offers high on stable domestic market

China’s hot-rolled coil producers kept their export offers high on Thursday December 26 amid stability in the domestic market.

Flat Steel Products Trade Log, December 26, 2019

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products.

CHINA REBAR: Domestic prices experience early-hour losses

China’s domestic rebar prices dropped further in the morning of Thursday December 26 on weak demand, though they recovered in the latter part of the day due to rising futures.

CAPACITY WATCH: China’s Puyang Steel to add new capacity by 2021

Northern China’s Puyang Iron & Steel (Puyang Steel) plans to add 1.37 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity in December 2021, according to Hebei Provincial Industry & Technology Information Department.

Long Steel Products Trade Log, December 26, 2019

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products.

CAPACITY WATCH: Northern Chinese mills sell capacity to southern region

Two steel mills in northern China have sold 2.21 million tonnes per year of iron-making capacity and 1.52 million tpy of crude steel capacity to mills in the southern region, according to local government notices released earlier this week.

Semi-finished Steel Products Trade Log, December 26, 2019

The latest bids, offers and deals in the global markets for steel billet, steel slab and bloom.

Chinese stainless steel prices flat amid quiet market

China’s stainless steel prices were unchanged over the past week with markets winding down toward the year-end.

China's export plate prices rise on higher offers

Export prices for Chinese plate rose over the past week after a mill in the northern region raised its offers.