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Steelmaking Analyses

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Global View on HRC: Global market balances stability and tensions across regions

Romanian flats spot prices stable, trade improves slightly

Chinese domestic PPGI prices edge down slightly

Flat steel prices in local Taiwanese market - week 21, 2025

Ex-India HDG prices increased in line with flats prices, trade muted

Asian slab prices relatively stable with only small discounts, sales to US emerge

Turkish flats spot prices stable, outlook still gloomy

Chinese HDG export prices edge down

Local Chinese stainless steel prices mostly stable, with some small downticks

HRC prices relatively stable in all segments in Turkey, demand remains weak

GCC buyers remain active in importing HRC despite slow local demand

India resumes ex-Russia HRC imports as offers undercut Chinese prices

Ex-China stainless steel prices stable, deals may gain momentum before holiday

CRC import price offers maintain stability in Brazil

Nucor weekly CSP continues down for third week amid lower May scrap, falling finished steel pricing

North African HRC export offers soften amid challenging market conditions

Romanian flats spot prices soften, sole local mill silent on restarting production

Chinese domestic PPGI prices see slight rises

US flat steel prices steady to down amid scant finished steel demand and lower monthly scrap pricing

Turkey’s HRC market sees slightly positive mood as Chinese offers rise

Flat steel prices in local Taiwanese market - week 20, 2025

European CRC and HDG markets stall amid weak demand and ample inventories

Turkish flats spot prices decline influenced by HRC prices, sluggish demand

Subdued European HRC market reflects weak demand, mixed outlooks

Fluctuating HRC import prices in Vietnam show hints of upward bias

GCC shows some interest in restocking HRC though ignoring China's price hikes

Ex-China HRC prices edge up amid firmer futures prices, trade remains subdued

Reference price for Brazilian slab exports stable from last week

Ex-China steel plate prices on verge of increasing

Ex-China stainless steel prices move sideways

Vietnam’s Formosa finally issues new lower local HRC prices, import trend may reverse

Local Indian CRC prices increase further, but re-rollers’ inventories rise gradually

Local Indian HRC trade prices rise further amid tighter supplies, easing of geopolitical tensions

Baosteel keeps local flat steel prices stable for June

US flat steel prices trend lower as May scrap pricing seems certain to settle down for second month

Chinese domestic PPGI prices move down

Large Indian mills commence flat product base price hikes for May

Romanian sole flat steel producer fails to meet another deadline to begin production, spot prices remain stable

Flat steel prices in local Taiwanese market - week 19, 2025

Turkish flat steel spot prices still stable but lower levels begin to appear

Local Chinese stainless steel prices mostly stable

HRC import activities remain quiet in UAE, import offers relatively stable

Nucor weekly CSP follows spot and scrap prices down for first time in a month

Vietnam’s Hoa Phat cuts local HRC prices amid weak demand

Chinese HRC export mood stagnant after holiday amid sluggish demand, stable offers

Ex-China stainless steel prices remain stable

Weak global demand keeps Asian slab exporters away, some deals done at lower levels in April

Local Indian HRC trade prices edge up amid expectations of higher base prices and fewer imports

Local Indian CRC prices rise amid base price hike expectations, restocking by auto sector

US flat steel prices bump higher as supplies of lower priced pre-tariff flat steel begin to decline; May scrap ...


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