December 2014

HRC offer prices to India up by $15 per tonne

Offer prices for commercial grade hot rolled coil (HRC) to India mainly of Russian origin have increased by $15 to $470-475 per tonne cfr Mumbai for February shipments.

China’s spot HRC prices flat on last trading day of 2014

China’s domestic hot rolled coil price were unchanged on December 31 ahead of the country’s three-day New Year holiday.

China AM: Futures slide amid divided outlook

China’s steel and steelmaking raw material futures softened slightly during morning trading on the last day of 2014, with market participants’ outlook for the new year remaining diverged.

Metinvest’s Mariupol mills to fix raw materials disruptions by end January

Ukrainian steelmaker Metinvest’s two flat steel mills in Mariupol, which are experiencing raw material shortages due to a disruption to the railway connection between the mills and the port, are working to resolve the problem.

Flat Products Trade Log, December 30 2014

Latest transaction: hot rolled coil, hot dipped galvanized coil

2015 OUTLOOK: EU domestic coil market to remain under pressure in 2015

Europe’s domestic coil market is expected to remain under pressure from low raw material costs and growing import volumes in 2015.

UAE's CRC, HDG markets remain mostly stable

The UAE's cold rolled coil (CRC) and hot dipped galvanized coil (HDG) import markets were mostly stable this week as buyers preferred to wait until January.

GCC HRC import prices rise on talk of China rebate removal

Hot rolled coil (HRC) import prices to Gulf Co-operation Council (GCC) countries fell this week as prices from China rose.

CIS's export HRC,CRC prices stable

The CIS’s export hot rolled coil (HRC) and cold rolled coil (CRC) prices have remained largely stable over the past week.