Global HRC and CRC Market Overview

Mining News Pro - According to SteelMint, Chinese HRC export offers decline as importers turn bearish.

Vietnam Mills Book 10,000 MT HRC from Japan

Mining News Pro - Vietnam based mills are heard to have booked 10,000 MT of HRC for imports from the Japan-based Nippon Steel, SteelMint learned in a recent conversation with reliable sources.

Global HRC & CRC Market Overview

Mining News Pro - According to a report by SteelMint, here is the weekly report for HRC and CRC Market review.

Chinese Mill Concludes 70,000 MT HRC Export Deal to Vietnam

Mining News Pro - Imported HRC prices to Vietnam fell further towards the weekend in recent deal being concluded from China. Market sources in Vietnam shared that major steelmaker in China named - Baosteel booked another cargo of 70,000 MT HRC (SAE 1006) for exports to Vietnam at USD 470/MT CFR Vietnam for March shipment.

Global HRC & CRC Market Overview

Mining News Pro - Indian steel mills hold HRC export offers- Following a delay in the resumption of the Chinese steel export market, Indian steel manufacturers are holding their HRC export offers for March -April shipments.

Vietnam : Imported HRC Offers from Chinese Mills Continue Upside

Mining News Pro - Towards the end of this week imported HRC offers to Vietnam inched up further on the back of hike in offers. However deals at increased offers were not yet reported.

Indian Steel Mill Books 20,000 MT HRC for Export to Vietnam

Mining News Pro - SteelMint in conversation with market participants shared that a major Indian steel mill have concluded a deal with Vietnam for April end-May shipments.

South Korean HRC Importers Turn Active On Competitive Offers from China ________________________________________

Mining News Pro - As per Steel daily,South Korea based HRC importers have turned active and are procuring material from China amid competitive steel prices along with tight supply in domestic market.

HRC Exports from Major Japanese Mills Fall to 6 Years Low in 2018

Mining News Pro - As per reports from Japan Metal Daily, Japanese HRC export volume is persistently showing downtrend and has recorded a significant drop of 1.5 MnT in CY18 against previous year. Japan based major steel mills like Nippon Steel Sumikin and JFE have reduced their export volumes amid increased demand in domestic market considering it as priority.

Bangladesh : Imported HRC Offers from China Witness Further Drop

Mining News Pro - This week imported HRC offers to Bangladesh witnessed further drop following weakening steel prices in China. Chinese steel mills have significantly reduced HRC export offers over sluggish buying in domestic and export market.

Few Indian HRC Export Deals Reported to Nepal

Mining News Pro - Recently SteelMint learn from market sources that a major private Indian steel manufacturer exported HRC to Nepal for Nov- Dec shipments.Company has concluded HRC deal of around 2 rakes which is coming around 5400 MT in the range of USD 622/MT CFR basis.

Vietnam - Imported HRC Offers Decline Further

Mining News Pro - This week imported HRC offers to Vietnam from China witnessed drop by USD 5-10/MT on W-o-W basis following steep fall in export offers from China.

Vietnam: Imported HRC Offers Remain Stable Over Thin trades

Mining News Pro - This week imported HRC offers to Vietnam remained stable amid weak trades and limited bookings among Vietnamese buyers. Meanwhile Chinese HRC export offers also fell further and continued to remain on lower side.

Indian Mills Book Japanese HRC for November Shipments

Mining News Pro - Southern India based importers have booked around 26,000 MT HRC of varying thickness from Japan. As per trade sources report to SteelMint, the deal has been concluded at around USD 605-610/MT, CFR India for November shipment.

Vietnam`s Formosa Slashes HRC Offer for December

Mining News Pro - The company has cut HRC offers by USD 30/MT and Wire Rod by USD 10/MT on monthly basis. This is company`s 4th consecutive price cut in HRC.

Vietnam`s Formosa Slashes HRC Offer for December

Mining News Pro - The company has cut HRC offers by USD 30/MT and Wire Rod by USD 10/MT on monthly basis. This is company`s 4th consecutive price cut in HRC.

Bangladesh: Imported HRC Offers Decline Over Dull Demand

Mining News Pro - This week imported HRC offers to Bangladesh witnessed drop of USD 5-10/MT following lower HRC export offers from China.Bearish market sentiments results to weaker HRC export offers from China. Currently Chinese HRC export offers is assessed around USD 555-565/MT FoB basis.

Vietnam: Imported HRC Offers from Chinese Mills Inch Up

Mining News Pro - This week imported HRC offers from Chinese mills to Vietnam inched up by USD 5-10/MT.End users have concluded few deals with China amid limited offers from Russian and Indian mills for imported HRC to Vietnam.

Global HRC Market Overview - Week 42,2018

Mining News Pro - Chinese HRC export offers decline further over thin trades -This week Chinese HRC export offers move down further over thin trades in domestic and export market.

Global HRC Market Overview - Week 40,2018

Mining News Pro - This week global flat steel market has remained majorly stable amid absence of Chinese offers amid Golden Week holidays.

Vietnam: Imported HRC Offers Inch Down Following Decline in Chinese Offers

Mining News Pro - Towards the end of this week imported HRC offers to Vietnam have moved down further by USD 5/MT against offers in beginning of this week. Amid sluggish demand,lower HRC export offers from China and limited bookings from end users in Vietnam in turn leads to imported offers under pressure.

India: Domestic HRC Prices Surge in Traders Market on Anticipated Hike by Mills

Mining News Pro - This week India’s domestic HRC & CRC prices increased by INR 500-1000/MT in traders market on anticipation of increase in flat steel prices by major Indian steel mills in October.

Vietnam: Imported HRC Market Turns Silent Amid Fewer Bookings

Mining News Pro - This week imported HRC offers to Vietnam inch down by USD 5/MT over competitive pricing and bearish sentiments in Vietnam. Meanwhile Chinese steel mills are on public holiday today on eve of Mid autumn festival.Thus absence of active offers from China resulted in less deals.

Bangladesh Steel Mills Actively Book HRC; Deals Reported

Mining News Pro - SteelMint learnt from trades sources that steel mills based in Bangladesh have concluded HRC deals from China and other such countries for early November shipments.

Bangladesh - Imported HRC Offers from China Slump Over Dull Buying

Mining News Pro - Recently SteelMint learned from market participants that imported HRC offers from China have witnessed decline by USD 15-20/MT owing to dull buying interest post festive holidays in Bangladesh market.

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