The European Commission's proposed revisions to the hot-rolled coil ( HRC ) import safeguard quota could see Indian steelmakers and Russia's Severstal ramp up exports to the bloc.
News ID: 5939 Publish Date : 2019/08/15
This week domestic HRC prices remained stable over slow growth in demand and mute buying prevailing in domestic market.However in the beginning of the week major steel mills announced roll over in flat steel prices for August deliveries. Prices were observed stable in majority of markets except few markets like Faridabad and Bangalore were a price reduction of INR 500/MT was seen.
News ID: 5929 Publish Date : 2019/08/15
Chinese HRC export offers fall; domestic prices rise today- Chinese HRC exports offers witness further slump over fragile sales and tepid demand hovering in nation’s domestic and overseas market.
News ID: 5923 Publish Date : 2019/08/15
The Argus Italian hot-rolled coil ( HRC ) index slipped by €1.25/t to €443.25/t ex-works today. The northwest European index was stable at €467.75/t ex-works.
News ID: 5880 Publish Date : 2019/08/12
India's domestic hot-rolled coil ( HRC ) prices dropped further this week with weaker demand as monsoon rains and liquidity concerns prevailed.
News ID: 5851 Publish Date : 2019/08/08
SteelMint in conversation with market sources learned that major Indian steelmakers have rolled over HRC , CRC prices in Aug’19. However market sources are eyeing for announcement of rebates and discounts owing to thin trades and sluggish demand experienced in domestic market.
News ID: 5829 Publish Date : 2019/08/07
In conversation with trade sources based in Nepal, SteelMint learned that major Indian steel mills are actively offering HRC exports to Nepal for Aug- Sep shipments. However Indian HRC export offers to Nepal reported marginal fall by USD 5/MT in recent deals concluded.
News ID: 5828 Publish Date : 2019/08/07
This week imported HRC offers to Vietnam witness marginal decline by USD 5-10/MT as the gap between bids and offers continue to widen since end users in Vietnam are expecting further decline.
News ID: 5827 Publish Date : 2019/08/07
The European hot-rolled coil market remains subdued, with Italian participants on holiday and the north quiet.
News ID: 5817 Publish Date : 2019/08/07
There has been an overwhelming sell-side consensus for the last few months that European hot-rolled coil ( HRC ) pricing will rise in the fourth quarter, as mills use production cuts to try and restore their ravaged margins.
News ID: 5800 Publish Date : 2019/08/06
This week Chinese steel prices continued to remain volatile amid fluctuating futures market and weakening demand. Also news of recent US tariff on China has hurt price sentiments. Nation’s HRC export offers along with rebar witnessed minor correction. However spot iron ore fines fell sharply by USD 10-11/MT against last week.
News ID: 5769 Publish Date : 2019/08/06
In conversation with market sources based in Vietnam, SteelMint analyzed that imported HRC prices to Vietnam soften further by around USD 10-15/MT towards the end of this week amid lower bids from end users in Vietnam.
News ID: 5739 Publish Date : 2019/08/05
Indian HRC prices continued to remain on lower side over tedious demand and dull buying prevailing in domestic market. Trade sources shared that market sentiments continued to remain lackluster over fewer trades happening in domestic market.
News ID: 5721 Publish Date : 2019/08/05
This week Chinese steel prices remained volatile over fluctuating futures and softening demand. However nation’s HRC export offers remained stable and rebar export offers witnessed marginal decline. Meanwhile iron ore prices gained momentum towards the weekend.
News ID: 5648 Publish Date : 2019/08/01
This week Chinese steel prices remained volatile over fluctuating futures and softening demand. However nation’s HRC export offers remained stable and rebar export offers witnessed marginal decline. Meanwhile iron ore prices gained momentum towards the weekend.
News ID: 5561 Publish Date : 2019/07/29
Indian steel market remained bearish in the week-30 (20-27th Jul'19) owing to lessened trade activities in domestic market.
News ID: 5558 Publish Date : 2019/07/29
Imported HRC offers to Vietnam have reported fall of USD 5/MT against the offers assessed in beginning of this week.
News ID: 5547 Publish Date : 2019/07/29
Indian HRC prices witnessed further downside this week by around INR 750-1000/MT on the back of mute buying, liquidity issues and inactive demand prevailing in domestic market. Meanwhile prices in northern India like Faridabad and Delhi witnessed significant fall of around INR 800-1500/MT this week.
News ID: 5513 Publish Date : 2019/07/28
This week Chinese steel prices remained volatile since the Chinese government announced stringent production curbs in Tangshan region to control surplus capacity in China. Meanwhile the govt also extended the production curbs till Oct’19. However despite rebound in domestic steel prices, nation’s export offers continue to remain soft over thin trades from overseas buyers.
News ID: 5470 Publish Date : 2019/07/25
Imports of steel products into the US fell in June because of declines in imports of semi-finished, hot-rolled coil ( HRC ) and hot-dipped galvanized (HDG) products.
News ID: 5450 Publish Date : 2019/07/24