In the week from July 29 to August 4, scrap indexes continued to move upward on the Orbis Steel Index. In the given week, the Turkish rebar index maintained its upward movement. Meanwhile, the Turkish flat rolled product indexes also ...
Tags: Scrap, Orbis Steel Index
The Chinese steelmaker Shagang announced to raise its domestic prices for hot rolled coil (HRC) by RMB170/ton for August. After the adjustment, its list prices for Q235 HRC with thickness of 5.5mm are at RMB3, 700/ton with 17% VAT. ...
Tags: steelmaker, Chinese Shagang
It’s reported that the Japanese steelmakers are seeking to raise the hot rolled coil (HRC) prices as the depreciated Japanese Yen has led the prices of imported raw materials surge substantially. Recently, Nippon Steel & Sumitomo ...
Tags: Steelmakers, HRC Prices
It’s reported that Korean steel giant Posco announced to cut its list prices for austenitic stainless steel coil by KRW400,000/ton for August. Also, this is the first price cut for stainless coils made by the Korean steel giant ...
Tags: Posco, Stainless Coil
It's reported that Korean Hyundai Steel steel service center (SSC) announced to raise the prices of hot rolled coils (HRC) for twice times by a total of KRW30,000/ton in August. Hyundai Steel SSC planned to increase HRC prices by ...
Tags: Steel, Construction
Brazilian steelmaker Usiminas said it may not raise the steel price again in the short term after it lifted up prices twice this year. The company will adjust the price by following the change in the international market. The company ...
Tags: Usiminas, Flats Prices
Reportedly, the stainless steel prices have dipped to 4-year low at end of June, caused by falling nickel prices. It’s learned that Taigang Stainless, the largest stainless producer in China has cut its ex-work prices of 304 ...
Tags: Stainless Steel, Mineral
It’s reported that China’s major stainless producers Baosteel Stainless announced to remain its domestic prices for austenitic stainless steel coils unchanged for August due to more positive market outlook. After ...
West Chester, Ohio-based flat rolled steelmaker AK Steel reported Tuesday a net loss of $40.4 million for Q2 2013, ended June 30, 2013, compared to a net loss of $724.2 million for Q2 of 2012. Net sales for Q2 2013 were $1.4 billion on ...
Tags: AK Steel, Carbon Spot Market
It’s reported that China’s Hebei Steel released its price for steel flat products for August. The company decided to raise its prices for hot rolled coils/plates by RMB150/ton and hiked its prices for cold ...
Tags: Hebei Steel, HRC Prices
Korea’s Hyundai Steel planned to raise its prices for hot rolled coils (HRC) by KRW30, 000/ton for August since the import prices of HRC from China have increased. In fact, the HRC prices have fallen by around KRW10,000/ton in ...
Tags: Hyundai Steel, HRC Prices
Two-time MotoGP World Champion Casey Stoner will don the riding leathers and put a leg over a Honda MotoGP bike later this year for the first time since retiring at the end of the 2012 season. Honda Racing Corporation (HRC) confirmed ...
According to data released by the Korea Iron and Steel Association (Kosa), Korea’s imports of hot rolled coils (HRC) totaled 2.21 million tons in the first half of this year, decreasing by 17% year on year. In the given period of ...
Tags: HRC Exports, Mineral
In the week from July 15 to July 21, the Turkish scrap index moved upwards on the Orbis Steel Index while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index continued ...
Tags: Turkish Scrap, Mineral
It’s reported that Shougang, one of the major steelmaker in China released its price policy for August. The company decided to raise its prices for hot rolled coils (HRC) by RMB110/ton while it remained its prices for cold rolled ...
Tags: HRC Prices, Mineral