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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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Indian HRC prices stable but deals only at steep discounts

Free Global View on HRC: China keeps exerting pressure on global prices, EU suppliers fail in securing deals at higher levels

US flat steel prices continue to ebb lower on minimal finished steel demand

Chinese domestic PPGI prices see slight rises on lower supply

Vietnamese HRC keep flooding Indian import market at levels competitive with local prices

Flat steel prices in local Taiwanese market - week 25, 2024

Import HRC prices in Vietnam drop in new ex-China non-VAT deals

European HRC prices remain stable in line with silent trade

Free Ex-India HRC prices stable while trade activity in Europe slows down

Ex-China HRC prices retreat again due to slump in local prices

Nucor Consumer Spot Price down $6/mt as US finished steel prices continue to slide

Local Indian HRC prices stable but discounted sales emerge on import pressures

Ex-China steel plate prices edge down 

Free Global View on HRC: Mood keeps worsening in Asia on China’s slump, but Japanese sellers manage to secure deals

Free Romanian flat steel prices stable despite lack of demand

Chinese domestic PPGI prices indicate slight declines despite weaker supply

Local HRC prices in EU move sideways, but import offers move up despite minimal trade

US flat steel prices continue lower on slack finished steel demand, reduced mill prices

Flat steel prices in local Taiwanese market - week 24, 2024

Formosa’s new HRC offers decline following import price slump

HRC producers in Turkey resist providing discounts while imports remain silent

GCC buyers favor ex-Japan HRC though local demand slow ahead of Eid

Baosteel keeps local HRC prices stable for July

Free Ex-India HRC offers prices rise but only to Europe, most sellers still refrain from exports

Ex-China HRC prices fall further as futures still decline, customers seek more discounts

Brazilian HRC export price declines in two weeks

Nucor drops its Consumer Spot Price $60/nt amid falling finished steel prices

Local Indian HRC trade prices harden as select mills raise base prices

Free Global View on HRC: Optimism on prices still losing momentum in most regions, except Europe

US flat steel pricing continues lower in slow trade as buyers seek price bottom

Free Flats prices stable in Romania despite bearish outlook

Chinese domestic PPGI prices indicate decreases

Turkey’s flats spot prices drop further, aggressive offers approaching mills’ HRC levels

Flat steel prices in local Taiwanese market - week 23, 2024

European HRC market anticipates higher prices after new safeguard adjustment

Slow activity in local UAE market though ex-China HRC offers soften

Import HRC prices in Pakistan decline amid slump in China

Mood in ex-China HRC market worsens amid another futures price slump

Vietnam’s Hoa Phat cuts local HRC prices amid lower import prices

Ex-India HRC prices stable but mills suspend submitting offers amid wide bid-offer disparity

Nucor weekly Consumer Spot Price unchanged at $780/nt despite dropping flat steel prices

Turkey’s HRC mills try to assess impact of EU’s safeguard adjustments, while ex-China import offers fall

Turkey’s CRC and coated steel offers relatively stable, discounts possible

Ex-China steel plate prices move sideways

Local Indian HRC trade prices rise further though more pressure coming from imports

US flat steel prices continue down on low demand, sharply lower June scrap call

Chinese domestic PPGI prices edge down amid falling HRC futures

Romania’s flat steel prices stable, partly due to limited supply

Global View on HRC: Suppliers still keep prices stable, market evaluations mainly remain pessimistic

Flat steel prices in local Taiwanese market - week 22, 2024


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.