September 2019

Low demand, falling scrap prices weigh on US cold-rolled coil, galvanized steel

Cold-rolled and galvanized steel prices in the United States declined over the past week, with weakening end-market demand and September’s ferrous scrap settlement working in tandem to erode spot market prices.

IN CASE YOU MISSED IT: 5 key stories from September 12

Here are five Fastmarkets MB stories you might have missed on Thursday September 12 that are worth another look.

EUROPE HRC: Domestic prices under pressure from poor demand

Sentiment in the European market for hot-rolled coil (HRC) has been gloomy in the week ended Thursday September 12 due to low demand, sources told Fastmarkets.

CHINA HRC: Prices fluctuate amid thin trading, inventory drop

China’s domestic hot-rolled coil prices widened on Thursday September 12, having fallen earlier in the day due to lower offers before rising in the latter half on rising futures.

Flat Steel Products Trade Log, September 12, 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, plate, sheet and other flat steel products.

Brazilian steelmaker CSN extends blast furnace outage on technical problems

Brazilian flat and long steel producer Companhia Siderúrgica Nacional (CSN) has extended a blast furnace maintenance outage by several weeks, market participants told Fastmarkets on Wednesday September 11.

CHINA HRC: Weak demand puts further pressure on prices

China’s hot-rolled coil prices dropped on Wednesday September 11 after buying interest thinned further.

Flat Steel Products Trade Log, September 11, 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, plate, sheet and other flat steel products.

China’s plate export prices stable after buying slows down

China’s export plate prices were largely stable over the past week with trading activity thinning from a week earlier.

IN CASE YOU MISSED IT: 5 key stories from September 10

Here are five Fastmarkets MB stories you might have missed on Tuesday September 10 that are worth another look.