China flat steel export prices to migrate slightly
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China’s mills have announced flat steel prices for January. Averagely, the HRC export price went up by U.S.$10~20 per ton. Besides, CRC price difference was quite big.
The first-tier mill announced the CRC base price is about U.S.$710 per
ton, but the second-tier mill quotes the same product at only U.S.$610
per ton. Prices will be depending on different steel grade and order
quantity.CGI base price also increased slightly in line with higher carbon steel price.
Source: MetalBiz
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Loading- Turkish scrap import to the top
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Learned from market players that Turkey scrap import price continued rising, since last week, only two batches of scrap was booked. One batch of HMS 1&2 80:20 and P&S in Europe sold to a certain steel mill with U.S.$347 per ton (CFR), another batch of HMS 1&2 70:30 was bought
Baoshan Iron & Steel Co (Baosteel), the nation’s largest steel mill, significantly raised its February manufacturer prices, the China Daily reported Thursday. Major steel wire product prices went up 300 yuan (44 U.S.
Baoshan Iron & Steel Co (Baosteel), the nation’s largest steel mill, significantly raised its February manufacturer prices, the China Daily reported Thursday.
Hebei Iron & Steel Group, China’s second-biggest steelmaker, cut prices of reinforcing bars by 19 percent, the first reduction since April, according to Umetal Research Institute. The Hebei province-based mill cut benchmark prices of the product, used in buildings, by 950 yuan to 3,950 yuan ($578) a metric ton for September
Parcel tanker and terminal specialist Odfjell reported a second quarter 2009 consolidated net result of $11 mill and a first six months’ net result of $3 mill. EBITDA for 1H09 was $103 mill against $149 mill in 1H08. EBIT was $31 mill against $82 mill in the first six months
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China’s largest steel mill Baoshan Iron & Steel (Baosteel) has raised March manufacturer prices, the China Business News reported yesterday.
Several major Chinese steel mills cut their product prices for September sales by up to 19 per cent from their August levels on Tuesday, industry consultancy Umetal said, as spot prices continued to fall on weak demand. The price cuts come as Chinese spot steel prices languish amid concerns that tighter bank
China’s steel industry, the world’s largest, may end up losing money next year as excess supplies weigh on prices, a senior official at the country’s second-biggest mill warned on Friday. Chinese mills have been cutting prices since early August due to massive supplies of steel in the physical market, putting them
China’s steel industry, the world’s largest, may end up losing money next year as excess supplies weigh on prices, a senior official at the country’s second-biggest mill warned on Friday. Chinese mills have been cutting prices since early August due to massive supplies of steel in the physical market, putting them
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Amid the recent rise in raw material prices, South Korea’s price of steel products including an iron bar is to increase. According to industry insiders on Monday, Hyundai Steel has decided to raise its steel prices centering on long products and apply price increases from on February 2. Consequently, other
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