September 2018

China AM: Futures mixed in first hours of trade

China’s ferrous futures were mixed in the morning trading session on Wednesday September 26, with steel and coke contracts down, but iron ore and coking coal contracts up slightly.

Chinese mills lower plate export prices further to win orders

Chinese mills are continuing to lower their offer prices for export plate as they struggle to win orders amid low demand, Metal Bulletin heard on Tuesday September 25.

Chinese CRC, HDG market largely stable on lack of activity

Export prices for China-origin cold-rolled coil (CRC) and hot-dipped galvanized coil (HDG) have changed only a little over the past week amid soft overseas demand and few fresh offers from Chinese producers, Metal Bulletin heard on Tuesday September 25.

Flat Steel Products Trade Log, September 25, 2018

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.

GULF FLAT STEEL IMPORTS: Prices down as demand remains low

Flat steel import prices in the United Arab Emirates and Saudi Arabia have fallen over the past week, with demand being weak because of reduced end-user buying and the expectation that prices may fall further, sources told Metal Bulletin on Tuesday September 25.

CHINA HRC: Prices edge lower in sparse trading

China’s hot-rolled coil prices dropped slightly on Tuesday September 25, the first day after the three-day Mid-Autumn Festival holiday, amid sparse trading.

China AM: Ferrous futures mostly down; coking coal bucks the trend

China’s ferrous futures were mostly down during morning trading on Tuesday September 25, with the steel, iron ore and coke contracts falling while coking coal contracts rose.

Brazilian crude steel production drops, consumption rises in August

Brazilian crude steel production decreased by 3.70% year on year in August, while apparent steel consumption grew by 11.40% in the same comparison, according to national steel association Aço Brasil.

RUSSIA FLAT STEEL: Traders expect lower prices in October

Traders are expecting prices for hot-rolled (HR) and cold-rolled (CR) steel sheet in Russia’s Central Federal District around Moscow to reduce in October on a weak export market, rouble revaluation and reducing demand.

CIS FLAT STEEL: Coil prices down on reports of oversupply issues

Export prices for hot-rolled coil (HRC) from the Commonwealth of Independent States have softened again because of oversupply, Metal Bulletin heard on Monday September 24.