April 2017

China’s CRC exports surge in March

China’s cold rolled coil exports surged by nearly 60% year-on-year in March, following lacklustre numbers for the first two months of 2017.

Chinese HRC export prices rise as domestic market shows positive signs

China’s export prices for hot rolled coil have rebounded from the sharp declines in recent weeks, as the domestic market strengthened on Tuesday April 25.

China’s HRC prices rebound as futures recover some losses

China’s hot rolled coil prices increased on the back of a strengthening paper market on Tuesday April 25.

China AM: Steel futures up amid news of mill shutdowns

China’s steel futures rose during morning trading on Tuesday April 25 while the contracts for raw materials were rangebound amid news of mill shutdowns in the country.

South America’s flat steel prices drop on lower Chinese offers

South America’s flat steel import prices have fallen again this week, as low-priced material from China was offered in the region.

Brazil's steel industry to face 'shaky' recovery, BMI Research says

The Brazilian steel industry will face a “shaky” recovery, as rising import volumes threaten to offset an improving outlook for domestic demand, according to London-based BMI Research.

Erdemir Group increases Q1 sales of domestic, export flat steel

Turkish steelmaker the Erdemir Group increased its export and local sales volumes of flat steel in January-March 2017, the company said late last week.

Turkish coated coil prices mostly stable, demand weak

Coated coil prices in Turkey were mostly stable last week as demand remained weak.

China’s HRC prices plunge as buyers pull back on worsened sentiment

China’s hot rolled coil prices tumbled on Monday April 24 as buying interest plummeted on the back of losses in the billet and futures market.