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The HRC Index price is published on a daily basis, with the following specifications: ... teams in contracts with customers on the sell side and with end users like pipe mills on the buy side of contracts with steel mills. End users further down the supply chain might use these prices as escalators or de-escalators for contracts. HRC prices are ...
US Steel Mills Lose Purchasing Power as Chinese Steel Prices Fall. ... U.S. HRC prices have risen nearly 8%. ... The high and low prices of iron ore 58% fines from India remained steady, while ...
Hot Rolled Coil Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date hot rolled coil prices, hot rolled coil market analyses and news, as it closely follows the main hot rolled coil markets such as China, the CIS, the EU, Turkey, the US and India.
Chinese SS400 HRC was offered at $470-475 per tonne cfr Vietnam, considerably higher than those from India, Russia and Brazil due to higher domestic prices in China. But Chinese steel mills are not too optimistic about the market after October. "The production cuts this year are not expected to be very significant.
Nov 28, 2019· Benchmark global prices are based on rates of key flat steel items like hot rolled coils (HRC) which go into making of automobiles, consumer durables and construction materials. From a high of Rs 44,000 per tonne, HRC prices had plunged to, what industry executives termed as "unsustainable", levels of Rs 34,000 per tonne.
Indian HRC export prices to Vietnam have moved up by USD 10-15/MT W-o-W. SteelMint learned from market sources that towards the end of last week, an eastern India-based prominent steel manufacturer booked 15,000 MT HRC for export to Vietnam at USD 495-500/MT CFR Vietnam for Jan-end-Feb deliveries.
US steel mills announced a price hike for the second time in the last two weeks. ... S&P Global Platts reported that "the daily Platts TSI US HRC assessment on Monday had fallen by .
Major Indian steel mills are planning to raise HRC and CRC prices by around INR 1000-1500/MT in Jan'20, SteelMint learned
Mar 28, 2016· But, SGD extension increases headroom available to steel mills to hike domestic steel prices. HRC ex mill prices are R28,000/ton (+10-13% post MIP) vs. MIP based import parity of R36,860/t (R30 ...
Asia steel prices are derived from an arithmetic average of the low transaction values identified in Japan, Taiwan, South Korea and China – collected in national currencies and converted into US dollars using currency exchange rates effective at the start of each month to provide a basis for comparisons.
Asia steel prices are derived from an arithmetic average of the low transaction values identified in Japan, Taiwan, South Korea and China – collected in national currencies and converted into US dollars using currency exchange rates effective at the start of .
USA Steel Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date US steel prices, US market analyses and news, as it closely follows the US scrap, pig iron, hot rolled coil, galvanized coil, pipe, rebar and wire rod markets.
Oct 23, 2019· India's HRC prices fell to a 34-month low of Rs 34,250 per tonne in the second week of October and have fallen by 16 per cent in the current fiscal, following lacklustre demand from the key end ...
Domestic HRC prices continued witness upward momentum this week after major steel producers announce price hike by around INR ... Indian HRC Prices Uptick in Trade Segment Following Hike by Steel Mills ... India: NMDC Raises Iron Ore Prices for 2nd Time in Jan'20 - .
Jul 13, 2020· While steel mills have hiked HRC prices, they are still 8/4% below China/FTA nations' import parity prices. June-2020 apparent steel demand fell 43% YoY (-48% in May).
Indian steel mills achieved a $10-20 per tonne increase in their hot-rolled coil export prices in the week ended Friday August 14, even though inquiries have dried up for future export sales. "The export market has cooled off and there are very few bids or inquiries for HRC .
The traders said that large Indian steel mills have marginally lowered hot rolled coil (HRC) export offers by $5/mt to the range of $425-430/mt FOB. The Indian rupee, which has appreciated from a low of INR 72.50 to the US dollar to around INR 71 to the dollar during the past week has also limited the ability of exporting steel mills to more ...
Feb 19, 2019· Major steelmakers in India are advocating to the government the need for the imposition of a minimum import price (MIP) on hot-rolled coil at $615 per tonne "upon factoring cost escalation due to raw material price," similar to the earlier imposition in 2016, minutes of a recent meeting of India's Ministry of Steel (MoS) revealed.
Apr 10, 2018· U.S. HRC prices skyrocketed, while Chinese HRC prices continue to fall. It is true that Chinese HRC prices increased sooner in 2017 (starting June 2017), supported by the steel industry cuts in China.
Singapore — India's automakers and steel mills are facing a deadlock over price negotiations as coronavirus induced demand destruction has led to a fall in production and consumption within the automobile industry, several auto market participants told S&P Global Platts July 15.. India produced 1.09 million vehicles in June, which nearly halved from 2.25 million vehicles .
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Indian HRC prices continued to remain on lower side over tedious demand and dull buying prevailing in domestic market. Trade ... Will Indian Steel Mills Lower HRC Prices in August? ... India: MOIL Raises Manganese Ore Prices by a hefty 45% for May 2020. 02 May, 2020 21:42 IST. Fines/Lumps.
Aug 06 2020 Japanese steel mills' Jul-Sept output to drop 23% on year Aug 04 2020 MMAC expects H2 seaborne iron ore prices at $80-105/dmt Aug 04 2020 CNCA: China's coal consumption cap at 4.2 bln t by 2025
View price reports, history, forecasts and upates on steel and stainless steel products from global commodity research group CRU, including latest HRC prices.
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