4 سال قبل

CHINA HRC: Trading muted ahead of National Day break

Spot prices for hot-rolled coil in China moved within a tight range on Thursday September 30 on thin trading ahead of a week-long holiday to mark the country’s National Day.

4 سال قبل

ASIA HRC: Thin spot liquidity keeps import prices stable

Spot prices for imported hot-rolled coil in Vietnam were stable this week amid limited spot price negotiations for Indian HRC.

4 سال قبل

CIS STEEL BILLET: Prices down on lower offers, bids from China

Prices for export billet from the Commonwealth of Independent States (CIS) decreased on Tuesday September 28 after lower offers were heard in the market.

4 سال قبل

CHINA HRC: Spot prices trail behind rising futures

Spot prices for hot-rolled coil in China gained some strength on Tuesday September 28, with futures rising for a second day amid a drop in production due to a power crunch in the country.

4 سال قبل

CIS STEEL SLAB: Prices slide as mills make significant concessions

Export slab prices from the Commonwealth of Independent States (CIS) region continued to fall toward the end of September. Mills had to make significant concessions to conclude deals in major export outlets due to the continuous weakening of finished flat-steel prices there.

4 سال قبل

CHINA HRC: Prices drop despite another output decline

Spot prices for hot-rolled coil in China dropped on Friday September 24 after futures prices fell for a second day on growing demand concerns, sources told Fastmarkets.

4 سال قبل

CHINA HRC: Prices steady despite futures jump

Domestic hot-rolled coil prices in China were largely stable but in a wider range on Wednesday September 22, even as futures prices in the ferrous complex jumped on the first trading day after a three-day holiday for the Mid-Autumn Festival.

4 سال قبل

CIS STEEL BILLET: Mood switches to positive as China returns from holiday to price upticks

CIS billet exporters saw some signs of support from China as the country’s long-steel market opened stronger after the Mid-Autumn Festival ended on September 21.

4 سال قبل

Main factors behind fall in iron ore prices

In an effort to prevent air pollution, China is reducing its steel sector, which produces between 10 and 20 percent of its carbon emissions. Mining companies are adapting to China's new production targets. "The growing sharp decline in steel production in China in the first half of this year, as confirmed by the industry leader in China in early August," the vice president of BHP, the UK and Australia, the Australian mining giant Anglo, wrote in a note in late August on the 2021 outlook. China's pressure on global steel supply indicates that shortages of many products will continue until demand and supply stabilize after the epidemic.

4 سال قبل

Estimation of a decreasing trend in the production of Vale Mining Company

The most important news from the South American steel and mining market is to Brazil. Vale Mining Company has recently reduced its projected iron ore production capacity for next year. Excavations at the company appear to have stalled. This could overshadow the stockpiles of Chinese and other raw material consumers. The downward trend in the […]

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