April 2017

Northern China’s HRC prices retreat on fluctuating futures

China’s hot rolled coil prices weakened on Thursday April 27, especially those in Tianjin, as buying interest thinned amid uncertainties sparked by a volatile paper market.

China AM: Futures rangebound after early-week gains

China’s ferrous futures saw little change during morning trading on Thursday April 27 after two consecutive days of gains in the early session.

Shougang back in black in Q1 on high steel prices

North China’s Shougang has reported a net profit for the first quarter of 2017, reversing its fortunes a year earlier.

Ternium still keen on investment opportunities in Mexico

Latin American steel group Ternium will continue to look for investment opportunities in Mexico, as it remains optimistic about the country’s economy.

Saudi Arabian HRC import prices hold up despite weak demand

Hot rolled coil (HRC) import prices in Saudi Arabia were stable this week, with demand still weak, Metal Bulletin has heard.

Lower flat steel import prices arouse Iranian customers' interest

The downward trend in the global flat steel market has finally sparked an interest in foreign material among Iranian customers and companies trading with this destination, Metal Bulletin learnt on Wednesday April 26.

LATIN AMERICA FLAT STEEL WRAP: Import prices tumble on lower Chinese offers

Import prices for flat steel goods in South America plunged during April on lower offers, mostly from China.

Vietnamese HRC importers step back as offer prices rebound

Importers of re-rolling-grade hot rolled coil (HRC) in Vietnam have moved to the sidelines of the market this week as offer prices from China took an unexpected upward shift.

Jugohrom delays decision on ferro-silicon restart again

Macedonia-based producer Jugohrom Ferroalloys has postponed a potential restart to its idled ferro-silicon production in May, a senior company official told Metal Bulletin.