China Steel Intelligence
China’s wet summer has helped to ease the imbalance between rebar and hot rolled coil which has sent rebar prices soaring over HRC. The surge in rebar prices had been driven by capacity closures but the removal of that capacity does not necessarily mean that the rebar has now become …
Heading into summer, Chinese steel markets have remained surprisingly firm despite several warning signals starting to creep into the market. This has been in part because of a minimal slowdown in demand but mainly because of the continuing knock-on effects of the closure of induction furnace capacity.
We hope you enjoyed the steel market in Q1, because it is unlikely to be repeated any time soon. The combination of factors which made the quarter so positive for prices, and profitable for steelmakers, is already fading away. That will impact both prices and margins, and Chinese steelmakers which …
Asian steel markets are at turning points in both the short and long term. Luckily for us, this coincides perfectly with Kallanish Asia Steel Markets, which was held at the heart of changes in steel trade in Ho Chi Min City on 28-29 March. In the short term, China is …
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous