Hrc Analyses

SteelOrbis provides the latest flats and slab prices and price trends via the flats and slab price reports and market analyses listed below. These flats and slab price reports are derived from actual flats and slab market transactions and they can also be viewed on a weekly basis by using the archive drop-down tool below.

 
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European HRC mills seek higher prices, but demand remain an issue

Turkish flat steel spot prices unchanged as demand remains muted

Flat steel prices in local Taiwanese market - week 27, 2023

HRC import offers in UAE relatively stable, demand still slow

Import and local HRC prices relatively stable in Turkey after holiday

Ex-China HRC prices mainly stable despite local and futures price rises, amid slow demand

Ex-India HRC prices stable but sellers optimistic amid improved sales

Shagang Group raises local HRC prices by $7/mt for July

Vietnam’s Hoa Phat raises local HRC prices amid import hikes, Chinese traders still most competitive

Ex-Japan HRC prices on verge of increasing after fall in June

Local Indian HRC trade price inch lower with hope of market hitting bottom

US flat rolled steel prices still soft

HRC prices in Europe relatively stable, local and import trade slow

Brazilian HRC export price declines

Ex-China HRC prices stable as fluctuating futures exert pressure, mood still upbeat

Ex-India HRC prices stable on slow trade, optimism grows in key markets

China’s steel plate exporters roll over prices

Indian local HRC prices stable although trade conditions remain muted

US flat rolled steel contacts still skeptical of mills’ recent increase

Romanian flat steel prices stable but prices thought to be nearing the bottom

Global View on HRC: All main suppliers keep maintaining prices unchanged, but market evaluations mainly optimistic

Cautious optimism for local HRC prices in Europe, import prices improve

Flat steel prices in local Taiwanese market - week 25, 2023

Vietnamese HRC importers secure ex-China bookings, prices still fluctuate with limited upward bias 

HRC buyers in UAE hesitate to book ahead of Eid holiday

HRC market slows down in Turkey, domestic official price targets inch up

Ex-China HRC prices relatively stable, upturn hampered by worse weather and slower local demand

Ex-India HRC prices stable, expectations of market rebound strengthen

Local Indian HRC trade prices range-bound amid near halt of activity by intermediaries

Global View on HRC: Most HRC suppliers keep offers stable as uncertainty persists, outlook rather positive than negative

Nucor follows USS’ flat rolled price increase

Chinese domestic PPGI prices move sideways

Ex-China HDG offer prices recover slightly amid futures price rise

US flat rolled steel prices still soft, USS’ price increase not expected to move the market

Tradable local and import HRC prices stabilize in Europe, future trend unclear

Flat steel prices in local Taiwanese market - week 24, 2023

Ex-China CRC prices remain stable, future trend lacks clarity

Slow activity in local UAE HRC market, import prices remain stable

Most Chinese HRC mills keep prices stable, optimistic mood both overseas and domestically wavers

Brazilian HRC export price stable from two weeks ago

Ex-India HRC prices stable amid silent trading conditions from conflicting global cues

Ansteel and Bensteel hold local HRC prices stable for July

Import HRC prices recover in Pakistan, but trade remains muted

Formosa’s new HRC prices still relatively stable in Vietnam, higher than ex-China

Indian HRC trade prices soften as mills drop base prices, trade channels abstain from bookings

Baosteel holds local HRC prices stable for July

US flat rolled steel prices still falling as mills get aggressive with June scrap prices

Chinese domestic PPGI prices indicate slight declines

Global View on HRC: Prices still drop in Europe, but trend on threshold of reversal in many regions

Turkey attempts HRC price rise amid less aggressive imports, livelier trade  


Disclaimer: Although the data in this publication have been taken from reliable sources, their integrity, accuracy and stability/constancy cannot be guaranteed. The data in this publication are not comprised of data gathered from transactions carried within the SteelOrbis system. Reports shall in no way be taken as a proposal for selling and buying. SteelOrbis assumes no responsibility from losses caused by using these data in commercial transactions. Please contact the Customer Relations Department for further questions.