April 2017

China’s HRC prices stabilise as futures post small gains

East China’s hot rolled coil prices narrowed upwards on Wednesday April 19 while those in the north were unchanged as futures edged up after slumping a day earlier.

China AM: Ferrous futures rangebound after Tuesday slump

China’s ferrous futures were rangebound during morning trading on Wednesday April 19 after experiencing big drops across the board a day earlier.

China’s export prices for CRC, HDG tumble as domestic market softens

Export prices for Chinese cold rolled coil and hot dipped galvanized coil (HDG) fell over the past week, the latter at a more rapid pace, as China’s domestic steel market continued to soften.

China’s plate export prices fall amid rapid drops in domestic market

China’s export prices for plate plunged in the past week as the decline in the domestic market picked up its pace.

Brazilian flat steel sales down 13% in March on higher imports

Brazilian flat steel sales fell by 12.77% year-on-year in March 2017, due to increased pressure from imports, Metal Bulletin has learnt.

Russian domestic flat steel market silent with price drop expected

Buying activity in the market for Russian domestic hot rolled (HR) and cold rolled (CR) steel sheet has declined over the past week as customers expected prices to follow the trend in the export market and drop, sources have told Metal Bulletin.

Saudi Arabia HRC import prices continue to slide as demand weakens

Hot rolled coil (HRC) import prices in Saudi Arabia continued to fall this week, with demand remaining limited in the country.

CIS flat steel export prices hurt by China price falls, buyer caution

The flat steel export market in the CIS region remained under pressure from negative dynamics in Chinese market last week, sources told Metal Bulletin on Monday April 17.

Chinese HRC export prices fall further on domestic weakness

The rate of decline in China’s export prices for hot rolled coil picked up over the past week amid a further softening of the domestic market.