July 2017

EU domestic plate prices to rise despite slow market

European mills are expected to increase their prices for heavy steel plate despite limited market activity, sources told Metal Bulletin on Wednesday July 26.

China's HRC prices rise further on futures, billet gains

China’s hot rolled coil prices picked up some more upward momentum on Wednesday July 26 as the paper market posted gains for a second day.

LATIN AMERICA FLAT STEEL WRAP: Flat steel price rises reflect global resurgence

The month of July started with news of higher flat steel prices in the Brazilian domestic market.

China AM: Ferrous futures drop after high open

China’s ferrous futures fell after opening high during morning trading on Wednesday July 26.

China’s plate export prices rise for a sixth week

China’s plate export prices have increased for a sixth straight week on the back of support from high domestic prices.

China’s export prices for CRC continue to rise but at a slower rate

China’s export prices for cold rolled coil increased for a sixth week, albeit at a slower pace, while those for hot dipped galvanized coil (HDG) appear to have plateaued, with the domestic market losing its steam.

UAE flat steel import prices mostly stable, demand strong

The flat steel import market in the UAE was good this week, with prices mostly remaining stable, Metal Bulletin has heard.

CIS prices for HRC, CRC shoot up by $15-40 on higher offers

The prices of CIS-origin hot rolled coil (HRC) and cold rolled coil (CRC) have jumped by between $15 and $40 per tonne over the past week, as the region’s producers have raised their offers. Buyers, however, took a wait-and-see approach.