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
According to data released by Brazil’s customs, Brazil imported 97,000 tons of steel products in June, slumping by 36% from May. Industry source indicated that the slumped import of steel products was caused by depreciated ...
Tags: Steel Imports, Mineral
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
Taigang Stainless, the largest stainless producer in China announced to cut its export offer prices for austenitic stainless steel coils by US$300/ton for deliveries till end of September due to lower nickel prices and weak market prices. ...
Tags: Stainless Coil, Construction
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
Turkey’s exports of hot rolled coils (HRC) totaled 133,220 tons in May, slumping by 33.5% from a month ago but more than double in comparison of the figures in the same month of 2012, according to data released by the ...
Tags: HRC Exports, Mineral
According to data released by Mexico’s distributors’ association (Conadiac) and steel chamber Canacero, the country’s consumption of steel flat products totaled 3.54 million tons in the first four months of this year, ...
Tags: Steel Flats, Mineral
According to data released by Brazil’s foreign trade ministry (MDIC), Brazil’s imports of steel flat products including carbon steel and non-alloy totaled 517,168 tons in the first half of 2013, slumping by 44% from 923,911 tons ...
Tags: Steel Flats
According to data, Japan exported 1.019 million tons of hot rolled coils (HRC) in May, rising by 8.2% from a month ago. Besides, the HRC export prices averaged at US$630.5/ton in May, down by 0.3% month on month. In May, Korea was ...
Tags: HRC Exports, Mineral
Taiwan's largest steelmaker China Steel Corporation (CSC) announced that it has been granted the Chinese National Standards (CNS) Mark certificates for four steel standards, including rolled steels for general structure, rolled steels for ...
Tags: Steel Products, Mineral
It’s reported that the Korean steel giant Posco will remain its prices for austenitic stainless hot rolled coils (HRC) and cold rolled coils (CRC) unchanged for July. Posco stated that the nickel prices have fallen substantially ...
Tags: Korean Posco, Stainless Steel
With the coming of the maintenance season in summer, plus the lasting slack demand, the European domestic price of carbon steel flat product kept unchanged last week. Market participant said that the market was very weak on a while ...
Tags: Domestic Flat, Product Market
Chung Hung Steel, one of the major re-rollers in Taiwan announced to cut its export prices for hot rolled coils (HRC) and cold rolled coils (CRC) by US$10~US$20/ton for August, mainly to reflect lower market prices. After the ...
Tags: Chung Hung Steel, Coils Exports
It’s reported that the market prices for Korean Hot rolled coils (HRC) may have reached the bottom level as the market is observing that it might hard for the Chinese mills to decrease their prices further for Korean market. ...
Tags: HRC Prices, Hot rolled coils
Reportedly, Baosteel Stainless announced to cut its domestic prices for austenitic stainless coils by RMB700~RMB800/ton for July to reflect lower market prices. After the adjustment, its list prices for 304 grade hot rolled coils (HRC) are ...