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

Demand for Turkey’s coated and CR products weak, prices dropping

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

Price stability prevails in EU CRC and HDG amid sluggish demand, import prices rise

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

Steel slab prices weaken globally while EU and Turkish buyers refrain from active purchases

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

Chinese HDG export prices roll back on slump in futures prices

Turkish flat steel spot prices remain unchanged as scrap market shows some improvement

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

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

Ex-China stainless steel prices move sideways

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

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

Local India CRC prices seek lower levels amid booking cancellations, inventory rises

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

Emirati buyers show more interest in HRC imports due to attractive offers

Chinese domestic PPGI prices move sideways

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

Local Chinese stainless steel prices still decrease slightly

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

Chinese HDG export prices increase amid futures rise, but very slightly

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

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

Turkish flat steel spot prices fall further amid declines in HRC prices

Turkey’s import slab market softens, demand stagnant for now

Baosteel keeps its HRC price stable for January next year

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

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

Ex-China stainless steel prices remain stable, offseason weakens outlook

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

Asian slab exporters agree to just minimal discounts, import deals in Asia only from sanctioned sellers

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

Chinese domestic PPGI prices indicate declines

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

Local Chinese stainless steel prices continue to soften slightly


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.