NEWS-97 Steel News

Import Prices For Hot-rolled Rolls Rose in The Middle East

On July 25, the UAE hot volume import valuation was $590- $640 / ton (CFR), up $10- $30 / ton week on week. According to the UAE market, at the beginning of this week, the mainstream export price of the UAE was $590-620 / ton (CFR), up $10-20 / ton from the beginning of last week, the mainstream export price of the Indian hot volume to the UAE was $640-660 / ton (CFR), up $40-45 / ton from last week. Some market participants said that the hot coil inventory of the end users in the UAE is generally low, and...
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NEWS-96 Steel News

Import And Export Prices Of Hot-rolled Rolls in India Rose

July 21 India Hot roll import appraisal $570-575 / ton (CFR), up $5 / ton week on week; July 21 India hot roll export appraisal $590-630 / ton (FOB), up $20- $30 / ton week on week; According to the Indian market news, since July, the supply of three mainstream Indian steel mills in the hot coil production lines has decreased, and some Indian suppliers have generally raised their hot coil export prices last week. A domestic hot coil dealer in India said that the current domestic demand for hot coil in India is weak, but the supply of resources...
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NEWS-95 Steel News

Import Prices For Hot-rolled Rolls in The Middle East Fell

On July 11, the UAE hot volume import valuation was $580-610 / ton (CFR), down from the previous week of $580-620 / ton (CFR). According to the UAE market news, the mainstream export quotation of overseas hot rolls to the UAE early this week: China hot roll $580-610 / ton (CFR), unchanged compared with last week; India hot roll $605-640 / ton (CFR), $620-640 / ton (CFR); Japan hot coil $605-610 / ton (CFR); Saudi hot coil $610-615 / ton (CFR), the UAE market said the current demand for hot rolls is low. July 11 Saudi Hot Volume (1.2mm) import...
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NEWS-94 Steel News

Vietnam Import Hot Rolled Coil Market Is Light

July 7 Vietnam hot coil import valuation of $570-575 / ton (CFR), an upward trend from $560-575 / ton (CFR) in the previous week (mainly refer to 2-3mm SAE1006 rerolled grade hot coil and similar products). According to Vietnam market, Vietnam hot import market actual transaction last week relatively light, on the one hand is the downstream demand not significantly improved, on the other hand is Vietnam’s first hot volume producer river static steel will release a new hot price policy, so the buyers are waiting for river static steel pricing information, there are some market rumors that the river...
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NEWS-93 Steel News

Southeast Asia Long Timber Import Prices Fell

On July 10, Singapore rebar is valued at $550-560 / ton (CFR), slightly lower than last week’s $555-560 / ton (CFR) price. According to the Singapore market news, at the beginning of this week, a parent Malaysian mainstream steel mills to Singapore rebar export quoted $570 / ton (CFR), including the freight from the port to the buyer; an Indian steel mills to Singapore rebar export quoted $562-565 / ton (CFR), but the steel mills said that this price has no orders. A Singapore trader said that he had not heard of a large number of imported rebar orders in...
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NEWS-92 Steel News

Import Prices Of Hot-rolled Rolls in The Middle East Have Remained Stable

July 4, UAE hot volume import valuation of $580-620 / ton (CFR), remained stable week on week. At the beginning of this week, the mainstream export prices of China and India to the UAE were $580-610 / ton (CFR) and $620-640 / ton (CFR) respectively. At the beginning of this week, there were no obvious orders in the imported hot coil market in the UAE. July 4 Saudi Hot coil (1.2mm) import valuation of $625-635 / ton (CFR), unchanged week on week. At the start of the week, and some market participants expect about a week for the market to...
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NEWS-91 Steel News

The Import And Export Volume Of Hot Rolled Coil Increased By 34. [] 4% And 38% Respectively.

According to the statistics of Korea Steel Association, from January to May 2023, Korea imported 1.61 million tons of hot rolled coil, a year-on-year increase of 34. [] 4%. Among them, imports from Japan were the most, 96. [] 70,000 tons, up 44. [] 8%, accounting for 60%; [] followed by imports from China [] 60.50,000 tons, up 44. [] 5%, accounting for 37. [] 5%. In May 2023, the import volume of hot rolled coil in South Korea was 26. [] 80,000 tons, down 7. [] 9% from the previous month. According to the statistics of Korea Iron and...
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NEWS-90 Steel News

Import Prices For Hot-rolled Steel Rolls Rose in The Middle East

June 20, UAE hot volume import valuation of $580-620 / ton (CFR), up $10- $20 / ton. According to the UAE market news, the mainstream quotation of overseas hot volume at the beginning of this week: China hot volume $580-610 / ton (CFR), up $10-20 / ton compared to last week; [] Indian hot volume $620-640 / ton (CFR), up $10-30 / ton compared to last week; [] Saudi hot volume $615 / ton (CPT). At the beginning of the week, I have not heard of a large number of imported hot volume orders in the UAE market. June 20...
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NEWS-89 Steel News

European Cold Rolled And Hot Dip Galvanized Coil Prices Continue To Fall

June 14 Nordic cold roll factory assessment of 780-800 euros (842-864 dollars) / ton, down 20-30 euros / ton week on week; [] June 14 Nordic factory assessment of hot dip galvanized roll in Nordic region 800-820 euros (864-886 USD) / ton, down 20-30 euros / ton week on week. According to the European market news, this week the European cold and hot dip galvanized roll market demand is still relatively depressed, while the impact of imported resources, the price continued to fall trend, but some market participants said it is close to the bottom price. This week, the factory...
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NEWS-88 Steel News

Hot Roll Prices in The United States Continued To Fall Sharply

On June 8, the Midwest hot volume price index was 1024. [] $9 / ton, down 52. [] $9 / ton, the new low since February 21 this year; [] The volume price index on June 7,1034. [] $2 / ton, down 46. [] $3 / ton. According to the Midwest market news, the Midwest hot volume market overall continuation of relatively light situation, buyers purchase, general purchase quantity to ensure the use of a month of demand, rather than a purchase months use demand, although the greater the purchase the discount is bigger, and some steel service center also...
Read More
NEWS-97 Steel News

Import Prices For Hot-rolled Rolls Rose in The Middle East

On July 25, the UAE hot volume import valuation was $590- $640 / ton (CFR), up $10- $30 / ton week on week. According to the UAE market, at the beginning of this week, the mainstream export price of the UAE was $590-620 / ton (CFR), up $10-20 / ton from the beginning of last week, the mainstream export price of the Indian hot volume to the UAE was $640-660 / ton (CFR), up $40-45 / ton from last week. Some market participants said that the hot coil inventory of the end users in the UAE is generally low, and...
Read More
NEWS-96 Steel News

Import And Export Prices Of Hot-rolled Rolls in India Rose

July 21 India Hot roll import appraisal $570-575 / ton (CFR), up $5 / ton week on week; July 21 India hot roll export appraisal $590-630 / ton (FOB), up $20- $30 / ton week on week; According to the Indian market news, since July, the supply of three mainstream Indian steel mills in the hot coil production lines has decreased, and some Indian suppliers have generally raised their hot coil export prices last week. A domestic hot coil dealer in India said that the current domestic demand for hot coil in India is weak, but the supply of resources...
Read More
NEWS-95 Steel News

Import Prices For Hot-rolled Rolls in The Middle East Fell

On July 11, the UAE hot volume import valuation was $580-610 / ton (CFR), down from the previous week of $580-620 / ton (CFR). According to the UAE market news, the mainstream export quotation of overseas hot rolls to the UAE early this week: China hot roll $580-610 / ton (CFR), unchanged compared with last week; India hot roll $605-640 / ton (CFR), $620-640 / ton (CFR); Japan hot coil $605-610 / ton (CFR); Saudi hot coil $610-615 / ton (CFR), the UAE market said the current demand for hot rolls is low. July 11 Saudi Hot Volume (1.2mm) import...
Read More
NEWS-94 Steel News

Vietnam Import Hot Rolled Coil Market Is Light

July 7 Vietnam hot coil import valuation of $570-575 / ton (CFR), an upward trend from $560-575 / ton (CFR) in the previous week (mainly refer to 2-3mm SAE1006 rerolled grade hot coil and similar products). According to Vietnam market, Vietnam hot import market actual transaction last week relatively light, on the one hand is the downstream demand not significantly improved, on the other hand is Vietnam’s first hot volume producer river static steel will release a new hot price policy, so the buyers are waiting for river static steel pricing information, there are some market rumors that the river...
Read More
NEWS-93 Steel News

Southeast Asia Long Timber Import Prices Fell

On July 10, Singapore rebar is valued at $550-560 / ton (CFR), slightly lower than last week’s $555-560 / ton (CFR) price. According to the Singapore market news, at the beginning of this week, a parent Malaysian mainstream steel mills to Singapore rebar export quoted $570 / ton (CFR), including the freight from the port to the buyer; an Indian steel mills to Singapore rebar export quoted $562-565 / ton (CFR), but the steel mills said that this price has no orders. A Singapore trader said that he had not heard of a large number of imported rebar orders in...
Read More
NEWS-92 Steel News

Import Prices Of Hot-rolled Rolls in The Middle East Have Remained Stable

July 4, UAE hot volume import valuation of $580-620 / ton (CFR), remained stable week on week. At the beginning of this week, the mainstream export prices of China and India to the UAE were $580-610 / ton (CFR) and $620-640 / ton (CFR) respectively. At the beginning of this week, there were no obvious orders in the imported hot coil market in the UAE. July 4 Saudi Hot coil (1.2mm) import valuation of $625-635 / ton (CFR), unchanged week on week. At the start of the week, and some market participants expect about a week for the market to...
Read More
NEWS-91 Steel News

The Import And Export Volume Of Hot Rolled Coil Increased By 34. [] 4% And 38% Respectively.

According to the statistics of Korea Steel Association, from January to May 2023, Korea imported 1.61 million tons of hot rolled coil, a year-on-year increase of 34. [] 4%. Among them, imports from Japan were the most, 96. [] 70,000 tons, up 44. [] 8%, accounting for 60%; [] followed by imports from China [] 60.50,000 tons, up 44. [] 5%, accounting for 37. [] 5%. In May 2023, the import volume of hot rolled coil in South Korea was 26. [] 80,000 tons, down 7. [] 9% from the previous month. According to the statistics of Korea Iron and...
Read More
NEWS-90 Steel News

Import Prices For Hot-rolled Steel Rolls Rose in The Middle East

June 20, UAE hot volume import valuation of $580-620 / ton (CFR), up $10- $20 / ton. According to the UAE market news, the mainstream quotation of overseas hot volume at the beginning of this week: China hot volume $580-610 / ton (CFR), up $10-20 / ton compared to last week; [] Indian hot volume $620-640 / ton (CFR), up $10-30 / ton compared to last week; [] Saudi hot volume $615 / ton (CPT). At the beginning of the week, I have not heard of a large number of imported hot volume orders in the UAE market. June 20...
Read More
NEWS-89 Steel News

European Cold Rolled And Hot Dip Galvanized Coil Prices Continue To Fall

June 14 Nordic cold roll factory assessment of 780-800 euros (842-864 dollars) / ton, down 20-30 euros / ton week on week; [] June 14 Nordic factory assessment of hot dip galvanized roll in Nordic region 800-820 euros (864-886 USD) / ton, down 20-30 euros / ton week on week. According to the European market news, this week the European cold and hot dip galvanized roll market demand is still relatively depressed, while the impact of imported resources, the price continued to fall trend, but some market participants said it is close to the bottom price. This week, the factory...
Read More
NEWS-88 Steel News

Hot Roll Prices in The United States Continued To Fall Sharply

On June 8, the Midwest hot volume price index was 1024. [] $9 / ton, down 52. [] $9 / ton, the new low since February 21 this year; [] The volume price index on June 7,1034. [] $2 / ton, down 46. [] $3 / ton. According to the Midwest market news, the Midwest hot volume market overall continuation of relatively light situation, buyers purchase, general purchase quantity to ensure the use of a month of demand, rather than a purchase months use demand, although the greater the purchase the discount is bigger, and some steel service center also...
Read More