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Hrc Analyses

SteelOrbis provides the latest flats and slab prices and price trends via the flats and slab price reports and market analyses listed below. These flats and slab price reports are derived from actual flats and slab market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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Ex-China steel plate prices edge down slightly

Local Indian HRC trade prices stable in line with slow demand

US flat steel pricing mostly higher as mills raise pricing ahead of holiday scramble

Romanian flat steel prices remain stable, but some traders try higher levels

Chinese domestic PPGI prices remain stable, no change expected next week

Global View on HRC: Mood negative in most regions amid declines in China, prices rise in Europe

HRC softens further in Turkey, more buyers prefer domestic sourcing versus risky imports

Flat steel prices in local Taiwanese market - week 51, 2024

HRC prices stronger in EU following ArcelorMittal’s hike, sustainability of further uptrend doubtful on slow demand

UAE buyers remain on hold for importing HRC following major trade activities

Import HRC prices decline slightly in Pakistan

Vietnam’s HRC importers insist on lower prices as mood worsens in China

Import HRC prices fall further in Turkey, local mills start showing some resistance

Ex-China HRC prices relatively stable, some downward bias amid lower bids and fluctuating futures

Ex-India HRC prices stable, silent trade conditions broken by occasional trades to UAE and EU

Nucor CSP for hot-rolled coils steady for sixth week at $750/nt, Cleveland Cliffs increases February price

Ex-China steel plate prices slightly higher, but further rises unlikely

Local Indian HRC trade prices resume declines amid low buying interest, import pressure

US flat steel pricing mixed again as December scrap settles sideways to lower with slack demand

Price stability prevails in EU HRC market in line with sluggish demand

Turkey’s interest in Chinese HRC revives as buyers achieve reasonable price

Global View on HRC: Depressed mood persists despite expected easing of China’s monetary policy

Chinese domestic PPGI prices move sideways

Flats prices stable in Romanian spot market, trading still slow

Free Anshan Steel and Bengang keeps their HRC prices stable for January next year

Flat steel prices in local Taiwanese market - week 50, 2024

Brazilian HRC export price stable in two weeks

UAE buyers still favor ex-Japan HRC as ex-China import offers increase

Ex-China CRC prices increase following futures rebound amid improved outlook

Baosteel keeps its HRC price stable for January next year

Ex-India HRC prices stable with some negative bias due to ex-China competition

Russian HRC producers still exporting as local demand seasonally insufficient

Ex-China HRC offers to Turkey rise amid positive futures, buyers skeptical

Formosa cuts HRC offers in Vietnam, though mood in China better and AD investigation near finish

China’s “moderately loose” monetary policy boosts mood for ex-China HRC exports, spot prices fail to react much

Nucor CSP for hot-rolled coils steady for fifth week at $750/nt, US flat steel markets question price

Local Indian HRC trade prices inch up amid sentiments on import tariffs, discounted sales still seen

US flat steel pricing mixed on the week as December scrap is now called sideways to November

Romanian flats prices still stable despite slower demand

Global View on HRC: Market still moves slowly on negative trajectory despite some small hike attempts in China

Local HRC prices in EU stable, but import offer prices fall amid minimal trade

Turkey’s HRC prices weaken further while interest in imports diminishes

HRC trade in UAE shows some activity after end of holiday

Flat steel prices in local Taiwanese market - week 49, 2024

New deals for ex-Asia HRC in India at more competitive prices compared to local prices

UAE buyers silent on HRC imports due to holiday, offers relatively stable

Tradable ex-China CRC offer prices edge down slightly

Chinese HRC exporters cautiously positive on prices amid increased stimulus hopes

Vietnam’s Hoa Phat cuts local HRC prices despites some signs of recovery in Chinese futures

Ex-India HRC prices unchanged but trade activity at standstill


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.