July 2017

EU new commercial vehicle sales up by 4.2% in first half of year

Sales of new commercial vehicles in the EU increased by 4.21% year-on-year in January-June of 2017.

Automotive steel joint venture starts up in Indonesia

PT Krakatau Nippon Steel Sumikin (KNSS), a Japanese-Indonesian joint venture that produces automotive flat steel, has commenced commercial production following the completion of its plant.

China's HRC export prices narrow upwards as domestic market softens

China’s export prices for hot rolled coil appear to have hit a ceiling after six weeks of increases, as the country’s domestic market cools down.

China's HRC prices edge up on paper gains

China’s hot rolled coil prices picked up more upward momentum on Tuesday July 25 following a rebound in the paper market.

China AM: Rebar contract leads ferrous futures' rise

The rebar contract took the lead during a round of increases in China’s ferrous futures market during morning trading on Tuesday July 25.

India's domestic HDG supply to rise as JSW orders new production lines

Indian steelmaker JSW Steel will install two new hot dipped galvanizing (HDG) lines at its plant in Vijayanagar, south-west India, Italian equipment supplier Danieli said on Monday July 24.

ArcelorMittal's Q2 earnings up 22%, analysts forecast

Analysts expect global steelmaker ArcelorMittal’s earnings to have jumped by 21.75% year-on-year in April-June 2017, the company said on Monday July 24.

Coated coil prices in Turkey increase with demand stable

Coated coil prices in Turkey increased last week, although demand in the country was only moderate, Metal Bulletin has been told.

China’s CRC exports up by 38% in H1

China’s cold rolled coil exports in the first six months of 2017 surged by almost 38% on a year-on-year basis, mainly due to a price decline over March-April.

East China's HRC prices narrow upwards as trading activity picks up

China’s hot rolled coil prices narrowed upwards in Shanghai on Monday July 24 while those in Tianjin remained unchanged.