July 2017

China AM: Ferrous futures rise after weak open

China’s ferrous futures recovered from a slight drop in the first few minutes of morning trading on Monday July 24 to end the session higher.

STEEL WEEK IN BRIEF: Raw materials prices on the rise, global steel prices up, EU's trade case against HRC...

Metal Bulletin reviews the major stories affecting the steel market over the past week.

Latin American HRC export prices increase in line with higher Chinese offers

Latin America’s hot rolled coil (HRC) export prices increased this week, while prices for cold rolled coil (CRC) and heavy plate remained unchanged.

Indian mills raise domestic flat steel prices for the second time in July

Indian mills raised domestic hot rolled coil (HRC) prices by about Rs500 ($8) per tonne this week, taking the total price increase in July so far to Rs1,500 ($23) per tonne.

Turkey receives higher flat steel price offers from Russia, Ukraine

Turkey received higher flat steel offer prices from Russia and Ukraine this week, in line with rising raw materials and steel prices in the global market.

Turkish flat steelmakers close September orders, plan October price rises

Flat steel producers in Turkey have filled their order books for September production, and plan to add $10-20 per tonne to their prices for October, Metal Bulletin has learnt.

South America's flat steel import prices rise on higher offers

Import prices for flat steel products in South America all increased this week, led by high-priced Chinese materials, Metal Bulletin has learnt.

China's HRC prices fail to rise despite rebounding futures

China’s hot rolled coil prices continued to fall on Friday July 21, though futures edged up after a sharp decline a day earlier.