October 2018

Flat Steel Products Trade Log, October 24, 2018

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products.

China AM: Ferrous futures post mid-week rise

China’s ferrous futures advanced across the board during morning trading on Wednesday October 24 amid relatively positive sentiment in the physical market.

China's export prices for plate fall but producers attempt to stabilize market

Export prices for Chinese plate dropped over the past week but mills are striving to keep them steady against the background of a more profitable domestic market.

Export prices for Chinese CRC, HDG extend slump on weak demand, domestic losses

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil continued to tumble over the past week, amid thin overseas demand and a softening domestic market in China.

ASIAN MORNING BRIEF 24/10: LME base metals prices mixed; Comex copper hit by equities downturn; Trafigura to set up joint-venture smelter-refinery in Saudi Arabia

The latest news and price moves to start the Asian day on Wednesday October 24.

Brazilian steelmakers put price rises on hold as currency strengthens

Brazilian steelmakers were dissuaded from trying to impose further price rises in the domestic market, because of falling Chinese prices and a stronger exchange rate for Brazil’s Real, the president of national distributors’ association Inda, Carlos Loureiro, said on Tuesday October 23.

Brazilian flat steel sales down 2.8% in September, Inda says

Domestic sales volumes of flat steel from distributors in Brazil went down by 2.80% year-on-year in September, with the market losing momentum, national flat steel distributors’ association Inda said on Tuesday October 23.

Flat Steel Products Trade Log, October 23, 2018

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, steel plate, steel sheet and other flat steel products.

GULF FLAT STEEL IMPORTS: Prices fall, demand remains weak

Flat steel import prices in the United Arab Emirates and Saudi Arabia have fallen over the past week, with demand remaining limited, sources told Fastmarkets on Tuesday October 23.

CHINA HRC: Domestic prices fall on sparse trading

China’s hot-rolled coil prices fell on Tuesday October 23 amid sparse trading, dragged down by weak demand, sources told Fastmarkets MB.