06
Feb
13:32
China-origin HRC prices trend down in GCC
Gulf Cooperation Council imported hot rolled coil prices from China fell this week ahead of the Lunar New Year holiday starting on 9 February. Buyers observe volatility and negative sentiment in China and expect prices to trend slightly lower amid cost pressure, notes Kallanish.
End-March and April-shipment official HRC prices from Chinese tier-one mills for 3mm S235JR grade equivalent are at $605-610/tonne, with tier-two non-silicon controlled pipemaking grade at…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous