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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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Shagang Group cuts local HRC prices by $21/mt for July

Free Global View on HRC: Bearish Asia spreads negative mood, no improvement in other regions

Local Chinese PPGI prices decrease amid weaker demand

Brazilian slabs export price declines sharply week-on-week

Chinese HDG export prices move sideways

Turkey's flats spot prices trend down amid worse sentiments locally

Flat steel prices in local Taiwanese market - week 26, 2024

Local HRC prices in EU stable, imports impacted by new safeguard measures

US flat steel prices continue to trend down on low finished steel demand, potentially lower July scrap

Chinese stainless steel prices fluctuate slightly amid weak trading activity

Ex-China stainless steel prices stable, heavy rainfall impacts demand

HRC prices in Turkey weaken in all segments after holiday

Ex-India HRC prices stable but mills stop submitting offers due to competition

Brazilian HRC export price declines in two weeks

Nucor weekly Consumer Spot Price down $35/st on low finished steel prices, July scrap forecast

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

Brazilian slabs export price declines slightly week-on-week

Chinese HDG export prices continue moving down

Chinese stainless steel prices keep decreasing

CRC import price offers decline in Brazil

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

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 

Brazilian HDG export prices remain unchanged

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

Brazilian slabs export price stable week-on-week

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

Formosa’s new HRC offers decline following import price slump

Turkey’s flats spot prices stable ahead of Eid holiday

Chinese HDG export prices move down

Local Chinese stainless steel prices mostly continue slight downtrend

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

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

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

Chinese domestic PPGI prices indicate decreases

Brazilian slabs export price declines slightly week-on-week

Local Chinese stainless steel prices decline slightly

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

Chinese HDG export prices stable despite worsening sentiments locally

Ex-China CRC offer prices decline amid worse sentiments locally

Ex-China stainless steel prices edge down amid lower futures and local prices

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

Shagang Group raises local steel plate price by $14/mt for June

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

Ex-China steel plate prices move sideways


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.