December 2019

EUROPE HRC: Domestic prices steady in slow market

The domestic price for hot-rolled coil in Northern Europe was unchanged on Tuesday December 31 due to limited trading activity, sources told Fastmarkets.

GULF FLAT STEEL IMPORTS: Prices move up despite slow market

Flat steel import offer prices in the United Arab Emirates and Saudi Arabia increased this week, despite demand being weak in the run up to the end of the year, sources told Fastmarkets on Tuesday December 31.

CHINA HRC: Export trading active on higher global prices

China’s domestic hot-rolled coil prices remained firm on Tuesday December 31 despite thin trading, while exporters enjoyed active trading amid a rise in prices globally.

Flat Steel Products Trade Log, December 31, 2019

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’s CRC, HDG export prices mostly stable in quiet year-end trading

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were mostly unchanged during the week to Tuesday December 31 amid a slowdown in trading activity over the Christmas and New Year holidays.

EUROPE HRC: Domestic prices unchanged on market lull

The domestic price of hot-rolled coil in Northern Europe was stable on Monday December 30 due to limited trading activity, sources told Fastmarkets.

ASIA HRC: Prices break above $500/t on stable demand

Hot-rolled coil prices in Asia have continued upward this past week to surpass $500 per tonne cfr Vietnam amid stable demand and increases in offers from sellers.

Flat Steel Products Trade Log, December 30, 2019

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 HRC: Domestic trading picks up on lower mill offers

China’s hot-rolled coil prices were largely stable on Monday December 30, but trading picked up domestically after mills in the north of the country lowered their offers.

EUROPE HRC: Domestic prices stable in slow market

The domestic price of hot-rolled coil in Northern Europe held steady on Friday December 27 from the previous day, which market sources attributed to holiday-thinned activity.