China imported 3.41 million tonnes of coking coal in May 2021, down 30% from the corresponding period last year and down 2% month on month, the latest data from China Customs showed.
Indian steel mills kept their domestic hot rolled coil offers unchanged on Friday June 18, despite local traders continuing to undercut their prices by as much as 3,500 rupees ($47) per tonne, Fastmarkets understands.
China’s domestic rebar prices continued to fall on Wednesday June 16 due to sellers looking to destock.
Seaborne iron ore prices mostly edged upward on Tuesday June 15 despite limited liquidity and the downtrend in the financial markets.
Export wire rod prices from the Commonwealth of Independent States changed in a variety of ways in the week to Monday June 14 with the trading situation being different from market to market.
The domestic price of steel rebar remained stable in Brazil in June, but market participants were uncertain about the price outlook for the finished steel product, questioning the stability of the global price uptrend and noting lower scrap costs in the country.
Prices in the United States for domestically produced hollow structural sections increased this past week while market participants digested a late flurry of price hikes by three producers.
China-based steel traders have regained their appetite for steel billet imports following increases in their domestic steel markets over the last few days, sources told Fastmarkets on Friday June 11.
کاهش عرضه و احساسات متزلزل در مورد صادرات، باعث شد قیمت ورق نورد گرم و سرد روسیه تغییر خاصی نکند.
The bid price for scrap imports to China on April 21 increased sharply due to the upward trend of the main supplier, Japan.