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Chinese HRC prices hit 6-week high after lending rate cut

Spot and futures prices for hot-rolled coil in China rose to their highest in about six weeks on Monday December 20, with market sentiment boosted by the Chinese central bank lowering of a benchmark lending rate for the first time since April 2020. ....

Monday December , Hrc Prices , Hrc Exports , Shanghai Futures Exchange , Hina Hrc Index ,

EUROPE HRC: Shortage drives Northern European prices higher

EUROPE HRC: Shortage drives Northern European prices higher
Domestic prices for hot-rolled coil in Northern Europe continued to rise on Tuesday April 13 due to a material shortage, market sources told Fastmarkets.
Fastmarkets calculated its daily steel hot-rolled coil index domestic, exw Northern Europe at €905.00 ($1,077.07) per tonne on Tuesday April 13, up by €3.33 per tonne from €901.67 per tonne on April 12.
The index was up by €20.99 per tonne week on week and by €112.00 month on month.
Tuesday’s index was based on achievable prices estimated by market sources at €900-920 per tonne ex-works.
Fastmarkets calculated its corresponding daily steel hot-rolled coil index domestic, exw Italy at €892.50 per tonne on April. ....

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RESEARCH: European steel prices move up, but mood is more cautious

The latest forecasts from Fastmarkets’ team of analysts are ready to view.
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Oxford Economics , Hrc Prices , Rebar Prices , Car Production , Q1 2021 , ஆக்ஸ்ஃபர்ட் பொருளாதாரம் , ஹ்ர்க் ப்ரைஸஸ் , ரேபர் ப்ரைஸஸ் , கார் ப்ரொடக்ஶந் , குயிவ் 1 ,