As per market sources,Chinese finished steel exports in first eleven months of CY18 (Jan-Nov) stood at 63.91 MnT fell by 8% against 69.74 MnT in same time frame of previous year
News ID: 2855 Publish Date : 2018/12/09
South Korea based HRC importers have turned active and are procuring material from China amid competitive steel prices along with tight supply in domestic market.
News ID: 2740 Publish Date : 2018/11/28
As per latest custom data,Taiwan flat steel exports which includes 7208 (HR coils/Plates),7209(CR coils),7225(Electrical sheets),7210/7212(GP/GC) drop by 6% in Q3CY18 to 2.15 MnT which was 2.29 MnT in previous quarter.Imposition of USA trade tariffs on steel imports and aluminum results to decline in exports volumes in this quarter.
News ID: 2735 Publish Date : 2018/11/28
This week imported HRC offers to Vietnam witnessed significant drop by USD 15-25/MT.Thus imported offers are showing constant decline over weakening prices in China’s domestic and export market. Thus in line with China, Indian and Russian mills are also offering to Vietnam on lower side.
News ID: 2731 Publish Date : 2018/11/28
Northwest European steel mills have concluded their first 2019 deals with automotive buyers at a rollover from this year's prices, following protracted negotiations.
News ID: 2611 Publish Date : 2018/11/14
This week imported HRC offers to Vietnam from China witnessed drop by USD 5-10/MT on W-o-W basis following steep fall in export offers from China.Weakening domestic market over dull trades resulted to falling steel prices in China. Nation’s HRC export offers is hovering around USD 535/MT FoB basis.
News ID: 2580 Publish Date : 2018/11/11
Russian steelmaker Severstal expects hot-rolled coil ( HRC ) export prices to drop to under $500/t fob by the end of the year, head of marketing Dmitry Goroshkov said ahead of the company's Capital Markets Day today.
News ID: 2526 Publish Date : 2018/11/07
Spot iron ore fines prices moved up on weekly basis, demand for pellets remained on lower side resulting in reduction in sharp decline of USD 10.5/MT in spot pellet premium.
News ID: 2520 Publish Date : 2018/11/07
This week imported HRC offers to Bangladesh witnessed drop of USD 5-10/MT following lower HRC export offers from China.Bearish market sentiments results to weaker HRC export offers from China.
News ID: 2503 Publish Date : 2018/11/06
A European coil producer refuted suggestions that the market lacks direction, and has tabled €20/t increases for the first quarter of next year, it told Argus today.
News ID: 2480 Publish Date : 2018/10/31
Chinese HRC export offers slide further amid weak demand-Chinese HRC export offers fell further post mid Autumn holidays that ended yesterday owing to limited buying from overseas buyers.
News ID: 2316 Publish Date : 2018/09/30
US flat-rolled steel prices were largely stable to end the week Friday amid another week of lackluster buying, according to market feedback.
News ID: 2304 Publish Date : 2018/09/30
European steel pricing has been resolutely supported by trade defence measures, loose monetary policy, and rising Chinese mill profitability over the last 18 months.
News ID: 2281 Publish Date : 2018/09/26
US hot-rolled coil prices stabilised somewhat this week as lead times at one recently-aggressive seller nudged up a touch to four-five weeks.
News ID: 2271 Publish Date : 2018/09/25
Vietnam's domestic steel producer - Formosa Ha Tinh Corporation has today announced fresh steel offers for Nov’18 shipments. Company revises its HRC & wire rod offers on monthly basis which is considered as the benchmark for Vietnamese buyers.
News ID: 2233 Publish Date : 2018/09/22
After observing increase in last 9 months, China’s steel output has fallen in August.
News ID: 2227 Publish Date : 2018/09/22
According to the data from VSA (Vietnam Steel Association) country’s steel imports have fallen by 11% y-o-y basis to 9.3 MnT in the first eight months (Jan-Aug) of 2018.
News ID: 2225 Publish Date : 2018/09/22
This week Chinese steel market was abuzz with news that winter production cuts will be in terms of emissions rather than in terms of production cuts. However no official announcement has been released yet.
News ID: 2222 Publish Date : 2018/09/22
China’s major steelmaker - Baosteel has recently announced flat steel prices for October deliveries. The company has raised HRC prices by RMB 100/MT in and CRC prices by RMB 100-150/MT (USD 15-22) for October deliveries.
News ID: 2211 Publish Date : 2018/09/21
SteelMint learnt from trades sources that steel mills based in Bangladesh have concluded HRC deals from China and other such countries for early November shipments.
News ID: 2205 Publish Date : 2018/09/21