Jiangsu Province-based Chinese steelmaker Shagang Group has announced that it plans to construct bonded warehouse facilities as well as shearing facilities in Jiulong Steel Logistics Park in Jiangsu. Accordingly, Shagang Group will invest ...
Tags: Shagang, steelmaker
Citing mill discipline and some lingering supply problems, the US sheet market is reporting higher cold-rolled coil prices in the Midwest, but market participants have noted that the widening spread between CRC and hot-rolled coil may be ...
Tags: CRC Prices, Chemicals
According to statistics released by the Korea Iron & Steel Association, the country’s output of hot rolled coils (HRC) totaled 2.96 million tons, up by 0.1% from a month ago and soaring by 13% year on year. It’s analyzed that ...
Tags: Korea Iron&Steel Association, output, hot rolled coils, rise
Tang Eng, one of the major stainless steel producers in Taiwan announced to raise its domestic prices for stainless hot rolled coils (HRC) and cold rolled coils (CRC) by NT$1,500/ton and NT$1,000/ton respectively for January in order to ...
It's reported that Chung Hung Steel, one of the major carbon steelmakers in Taiwan announced to hike its export prices for hot rolled coils (HRC) and cold rolled coils (CRC) by US$10~US$20/ton for February deliveries in order to reflect ...
Tags: Taiwanese Steel, Chung Hung, Coil Steel, Export Prices
According to report, the Turkish hot rolled coil (HRC) producers' export prices were down by US$5/ton to US$570~US$580/ton FOB basis last week due to the dollar's appreciation against Turkish lira as well as the demand from European market ...
Tags: HRC, Turkish HRC, HRC Export
According to data released by the Turkish Statistical Institute (TUIK), the country’s exports of hot rolled coils (HRC) totaled 113,492 tons in November, jumping by 72% from 65,803 tons in October while remaining almost unchanged in ...
Tags: HRC, metallurgy
In the week from December 30 to January 5, on the Orbis Steel Index the Turkish scrap index moved upwards, while the US (East Coast) HMS I/II scrap export index followed a stable trend. In the given week, the Turkish rebar index maintained ...
Tags: steel, metallurgy
Chinese steel mills are going to negotiate with Korean buyers about the export price of carbon steel hot rolled coil (HRC) for next February. So far, it is certain that the price would be surged by at least US$10/ton for next Jan-Feb ...
Tags: steel, metallurgy, HRC
Shin Hyon-yook, team leader from Posco’s marketing strategy department said that Korea’s production of hot rolled coils (HRC) would rise by 6% year on year to 2 million tons in 2014, driven by increased production capacity by ...
Tags: HRC, metallurgy
According to data released by the Korea Iron & Steel Association (Kosa), the country’s exports of hot rolled coils (HRC) totaled 417,800 tons in November, soaring by 23% year on year. It’s analyzed that the surge in HRC ...
Tags: steel, metallurgy, HRC
According to report, the Russian and Ukrainian steel maker continued to lift up the price as they mostly closed the booking for January. As the scrap prices and other commodities keep rising, as well as China cut the output for long lead ...
Tags: steel, metallurgy, HRC
According to data, Japan’s exports of hot rolled coils (HRC) totaled 867,428 tons in October, down by 2% from a month ago but rising by 8.3% year on year. Meanwhile, the country’s HRC export prices averaged at US$596.2/ton FOB ...
Tags: steel, metallurgy, HRC
In October this year, Turkey's slab imports amounted to 140,068 mt, decreasing by 29.50 percent month on month and down 8.87 percent year on year, according to the data provided by the Turkish Statistical Institute (TUIK). The total value ...
Tags: Metallurgy, Mineral, Slab
Reportedly, steel export prices in the CIS countries are in divergent trends with long steel products sliding, steel billets stable, and finished flats climbing. Market for finished longs is dull. Rebar is mostly traded in between ...
Tags: CIS, Steel Export, Steel Prices, Divergent Trends