US steel coil prices fell slightly Thursday, with buyers saying some mills are becoming increasingly hungry and willing to cut deals. One top-tier mill source said the bulk of his hot-rolled transactions were being done between ...
Tags: Steel Coil, Metallurgy, Mineral, Energy
US steel sheet prices stayed flat on Tuesday as mills remained reluctant to offer lower prices, but sources noted that downward pricing pressure is continuing to develop. Platts maintained its hot-rolled coil assessment at $675-685/st, ...
Tags: Steel Sheet, hot-rolled coil
In the week from May 19 to May 25, on the Orbis Steel Index the Turkish scrap index moved down slightly, while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
The US hot-rolled coil steel sheet market Wednesday saw prices trend move down for the second time this week as buyers and at least one producer reported lower offers and transaction prices. One Midwestern service center source said HRC ...
Tags: Steel Sheet, Hot-Rolled Steel
The Singapore Exchange (SGX) will launch two coking coal swaps contracts in July settled against prices produced by The Steel Index (TSI), to capitalize on growing interest in steel raw materials derivatives, the exchange said in a ...
Tags: Coking Coal, coking coal futures
Cold-rolled coil pricing increased in the US on Tuesday as buyers and sellers reported higher offers and transactions. "I have not heard of anyone quoting below $800/st for CRC and more have been between $810-820/st. Everything that I am ...
Tags: CRC Prices, cold-rolled
In the week from April 21 to April 27, on the Orbis Steel Index the Turkish scrap index continued to decrease, while the US (East Coast) HMS I/II scrap export index switched to sideways movement. In the given week, the Turkish rebar index ...
Tags: Steel, Construction, Metallurgy, Mineral
On April 23, Liaoning Province-based Chinese steelmaker Benxi Iron and Steel (Group) Co. (Benxi Steel or Bengang) announced that in 2013 it registered an operating revenue of RMB 40.329 billion ($6.58 billion), down 0.62 percent year on ...
Tags: Benxi Steel, steelmaker, Iron and Steel
According to data released by the China Iron and Steel Association (CISA) on April 24, as of the end of March (March 31), the composite steel price index (CSPI) for the Chinese domestic market was at 94.83 points, down 1.63 points or 1.69 ...
Tags: Composite Steel, Iron, Steel
The US steel sheet market continued to report offers from producers above published minimum base prices, as mills look to keep upward pressure on pricing amid supply tightness. Buy-side sources reported higher offers from multiple mills ...
Tags: Steel Sheet, Steel Sheet Market
The US steel sheet market was relatively quiet on Friday because many were out of the office before the Easter holiday, though one top-tier mill indicated it would be pushing higher prices after the weekend. The top-tier mill plans to ...
Tags: steel sheet, top-tier mill
The US hot-rolled coil market continues to be supported by limited Midwest supply, while cold-rolled coil import offers for May were heard to be lower. On the domestic front, most buyers expect another round of price increases following ...
Tags: HRC, hot-rolled coil, Construction, Decoration, coil
Shanghai Futures Exchange (SHFE) launched trading of hot rolled coil (HRC) futures contracts today, March 21, offering another hedging tool for steelmakers amid growing price volatility. The most traded HRC contract for October delivery ...
Shanghai Futures Exchange (SHFE) has announced the holding of mock trading of hot rolled coil (HRC) futures at the SHFE on Friday, March 7. If all goes well, it is thought that trading of HRC futures could be launched at the SHFE by the end ...
Following a review of the current situation and delays in commencement of production, Wales-based hot rolled coil (HRC) producer MIR Steel (formerly known as Alpha Steel) has announced that some of the workforce have been placed on ...