June 6 UAE hot coil import valuation of $565-600 / ton (CFR), slightly lower than last week’s $580-590 / ton (CFR) price focus. According to the UAE market, at the beginning of this week, the UAE buyer purchased a batch of 5,000 tons of Chinese hot rolls at $585 / ton (CFR); [] a batch of Japanese hot rolls for $565 / ton (CFR) at the beginning of the week at $580-590 / ton (CFR); [] at the beginning of $595-630 US dollars / ton. June 6 Saudi Hot Volume (1. [] 2mm) import valuation of $615-630 / ton (CFR),...

May 30 UAE hot coil import valuation of $580-590 / ton (CFR), down from last week’s $580-615 / ton (CFR). According to the UAE market, at the beginning of this week, the mainstream export price of Japanese hot volume to the UAE was $585-590 / ton (CFR), down $25-30 / ton compared with last week; [] at the beginning of the week, the latest export price of India hot roll to the UAE, some UAE buyers evaluated the current Indian hot volume to the UAE more feasible transaction price of $580 / ton (CFR), at the beginning of the week,...

India May 26 imports assessed at $580-590 / ton (CFR), down $20 / ton week / week; [] India May 26 $580-620 / ton (FOB), down from $580-630 / ton (FOB). According to the Indian market news, the overall Indian hot coil import market was relatively light last week, and buyers are mostly in the wait-and-see state because prices are expected to fall in the short term.

May 24 Nordic cold roll factory assessment in Europe 840-850 euros ($899-910) / ton, down 30 euros / ton week on week; [] May 24 Nordic hot dip galvanized board factory assessment 870-880 euros ($931-942) / ton, down 10 euros / ton week on week. According to the European market news, this week some European steel mills in September period of cold coil and hot dip galvanized sheet the latest factory price, and the European mainstream steel ArcelorMittaer also announced cut European plate price 100 euros / ton, the September period of cold coil and hot dip galvanized sheet latest...

On May 25, the us Midwest hot coil factory price index was 1139. [] $4 / ton, down 21. [] $1 / ton. According to the Midwest market news of the United States, the overall Midwest hot coil market continued to be depressed, due to the recent low price, the current buyer purchase intention is low, to consume inventory and purchase on demand, with the traditional demand in the coming summer, the current buyer price is generally bearish; [] and steel mills try to maintain the hot coil factory price at $50 / American (1102. [] 5 / ton) above,...

On May 19th, Turkey’s hot roll imports were valued at US $580,595 / ton (CFR), down by US $5 / ton from the previous week, while Turkey’s hot roll exports were valued at US $680,700 / ton (FOB) on May 19th, down US $15-20 / ton from the previous week. According to the Turkish market, Chinese hot rolls were quoted for mainstream exports to Turkey last week at US $590-US $595 per tonne (CFR), compared with US $585,600 per tonne (CFR) the week before. Last week, Turkey’s mainstream hot roll exports quoted US $680-720 per tonne (FOB), down 10-15 US...

The No. 1 hot rolling mill of Krakatau Steel, a mainstream steel mill in Indonesia, was shut down after a fire broke out on May 5. some industry insiders predict that the No. 1 hot rolling mill may stop production for about six months at most, but Karakato Steel said it would repair the damaged production line and resume production as soon as possible. At present, the No. 2 hot rolling mill of Caracato Iron and Steel Company is operating normally, so all the production of hot rolled coil will be transferred to the No. 2 hot rolling plant. The...

According to data released by the Port Authority of Port Hedland, Australia, iron ore exports from Port Hedland in April 2023 were about 43.27 million tons, down 2.49 million tons from 45.76 million tons in March 2023 and 5 per cent month-on-month. There was a decrease of 2.51 million tons from 45.78 million tons in the same period last year, and a decrease of 5 per cent from the same period last year. Of this total, the volume of iron ore shipped to China was about 35.53 million tons, down 4.88 million tons from 40.41 million tons in March 2023,...

On May 5, Turkish hot roll imports were valued at US $585,600 / tonne (CFR), down US $10-15 / tonne from the previous week, and Turkish hot coil exports were valued at US $720,750USD / tonne (FOB) on May 5th, down US $10-20 per tonne from the previous week. According to the Turkish market news, this week Chinese hot rolls in late June ship to Turkey mainstream export quotation of US $585,600USD / ton (CFR), down from last week’s quotation by US $15-20 / tonne. At present, Chinese hot coil quotations have obvious price advantages in the Turkish market. This...

On April 26, the ex-factory price index of hot rolled steel coil in the Nordic region was 837.50 euros ($921.3) / ton, down 5 euros / ton week-on-week. According to Nordic market news, this week’s Nordic hot rolled steel coil market overall continued to be light, steel mills rarely released quotations, to digest the current handheld orders, most of the region’s May-June delivery time of hot rolled steel coil orders are full, a buyer said that one of the steel mills has not released hot rolled steel coil quotations for three and a half weeks. Due to the high price...