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...

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...

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...

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...

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...