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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-India HRC prices drop slightly amid persistent negative outlook

Nucor Weekly Consumer Spot Price (CSP) stable for second week following recent price increase

Local Indian HRC prices fall further amid depressed demand and halt in restocking

US flat steel markets turn positive as market insiders hedge risk of expected spot price spikes

October hot-rolled coil steel futures in US soar as Cleveland Cliffs blast furnace is likely to be hot-idled next month

Import HRC prices up again in Turkey amid higher futures in China, local mills’ offers stable

Romania's flat steel prices stable while market outlook uncertain

Chinese domestic PPGI prices decline amid higher inventories

Global View on HRC: Global market unstable amid fluctuations in China

Formosa’s new HRC offers in Vietnam rebound slightly, mood cautious

Flat steel prices in local Taiwanese market - week 37, 2024

Local and import HRC prices decline in EU, occasional deals with additional discounts

Import HRC prices dip again in Vietnam despite higher futures in China

UAE buyers still silent on imports though ex-China HRC offers soften further

Baosteel keeps HRC prices stable for October

Ex-China HRC prices slump further despite slight recovery in local and futures prices

Indian government-run steel mills take lead in cutting flats base price for September

Ex-India HRC prices fall further but still no deals reported amid limited allocations, tight competition

Angang Steel cuts local HRC prices by $35/mt for October

Nucor Weekly Consumer Spot Price (CSP) moves higher after two stable weeks

Ex-China steel plate prices decline following local price slump

Local India HRC trade prices slip as mills start to cut base prices, import pressure sustained

US flat steel markets mostly down on September scrap, continued low demand for finished products

Global View on HRC: Mood worsens globally as uptrend in China reverses again

Turkey’s flats re-rollers under pressure from low demand, discounts possible

Romanian flats spot prices rise slightly, local mill’s prices stable

Chinese domestic PPGI prices move on downtrend

Ex-China HRC offers to Turkey fall as uptrend turns out to be short-lived

Mood still poor in EU domestic and import HRC markets amid delayed restocking

Flat steel prices in local Taiwanese market - week 36, 2024

Japanese HRC mills push volumes at discounts globally

Vietnam’s Hoa Phat cuts HRC prices amid weak demand, ongoing pressure from imports

Nucor Weekly CSP steady for second week following recent price increases

Brazilian HRC export price increases in two weeks

GCC favors ex-Japan HRC though ex-China import offers soften

Ex-China HRC prices affected by new futures price slump, unexpected sales heard in Europe

Ex-India HRC offer prices decline but not enough to drive trade

Local Indian HRC prices fall further amid inventory and import pressures

Shagang Group cuts local HRC prices by $28/mt for September

US flat steel pricing trends steady to higher as outages and reduced imports trim supply

Global View on HRC: Shaky rebound seen globally amid ex-China hikes

Flat steel prices in local Taiwanese market - week 35, 2024

HRC market remains calm in EU, price uptrend still hardly visible

Romanian flat steel traders cut spot prices, local mill’s prices stable

Formosa revises HRC offers downwards as moods still negative in Vietnam

Turkish HRS spot prices remain stable while CRS prices soften

Emirati HRC buyers still delay purchases, but ex-China offers start to increase

Shaky rebound seen in Vietnam’s HRC import market

India books sizable HRC volumes from China

Ex-China HRC prices emerge from downtrend amid rebound in futures and local offers


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.