Indian HRC export market quiet on lower allocations as mills prioritise domestic sales
April 24, 2024
Indian mills have continued to put hot rolled coil (HRC) export offers on hold for Southeast Asia and the Middle East
Tag: HRC
Vietnam’s HRC market struggles to digest Chinese rebound
April 16, 2024
Vietnamese import market was mostly quiet during the past week as buyers are uncertain on how to react to the strengthening in China’s steel futures
Vietnamese HRC import market recovers
April 8, 2024
Vietnam’s hot rolled coil import market stabilised and lifted last week after sinking to lows at end-March
Vietnamese HRC market goes into free-fall
April 1, 2024
Vietnam’s hot rolled coil import market is deteriorating in tandem with the fallout in the Chinese futures market, Kallanish notes.
EU market participants call for production cuts to support HRC prices
March 19, 2024
European mills producing hot-rolled coil are expected to cut their output as a lack of real end-user demand has forced prices downward.
European HRC prices slide further as buyers waiting for ‘rock bottom’
March 12, 2024
European prices for steel hot-rolled coil continued to decrease on Monday March 11 amid persistently slow demand and bearish expectations
Chinese HRC export prices slip for 3rd week
March 12, 2024
Chinese prices of commercial grade hot-rolled coils (HRC) for export kept trending downward during the week of March 4-8
Downtrend persists in European HRC market; production cuts said necessary to balance supply/demand
March 7, 2024
Trading remained weak in the European hot-rolled coil market on Wednesday March 6 amid downbeat sentiment among buyers
European HRC prices decrease further as buyers expect mills to trim output
March 5, 2024
Prices for European hot-rolled coil fell further on Monday March 4 amid slow trading. Mills in Northern Europe kept their official offers…
HRC export market remains dull amid downturn in global markets
February 27, 2024
ndia HRC (SAE 1006) export index (for the Middle East and Vietnam) inched down w-o-w to $596/tonne (t) FOB against $597/t FOB
European Hot-Rolled Coil Prices Dip Amid Muted Trading Activity
February 13, 2024
European hot-rolled coil prices edged down slightly on February 12th, as limited trading activity and buyer caution prevailed in the market.
Prices steady in dull trading for steel HRC in Europe
February 7, 2024
The standstill in the European markets for steel HRC continued on Tuesday February 6, with prices broadly unch amid sluggish trading