HRC prices dashes past $850/t in US; $900/t ahead?
Hot-rolled coil prices in the United States have shot past $42.50 per hundredweight ($850 per short ton), and there is little on the horizon to stop them from hitting $45...
Steel news
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FOCUS: Market doubtful of near-term end to China’s ban on Australian coal imports
Nearly two months after Chinese steel mills were verbally notified to halt imports of Australian coal, market participants and industry analysts tell Fastmarkets about the consequences of the ban and...
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US HRC nears $42/cwt, may be poised to test '08 highs
Hot-rolled coil prices in the United States are testing highs not seen since the Section 232 market shock in 2018 and might soon be pushing up against highs last seen...
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BANGLADESH STEEL SCRAP: Containerized shredded prices break $400/t cfr
Small and medium-sized steel mills in Bangladesh have been forced to re-enter the market for scrap at high prices, market participants said on Thursday December 3.
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US hot-rolled coil index holds above $40/cwt; market eyes domestic scrap trade
Hot-rolled coil prices in the United States have held above $40 per hundredweight ($800 per short ton) while the availability of spot tons remains limited, according to sources.
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Liberty-Thyssenkrupp steel talks move to the next stage
Liberty Steel Group's move to acquire the steel unit of German industrial conglomerate Thyssenkrupp has moved to the due diligence phase, the UK-based steel company told Fastmarkets on Wednesday, December...
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RESEARCH: Asian stainless markets under pressure
The latest forecasts from Fastmarkets' team of analysts is ready to view.
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US hot-rolled coil index surpasses $40/cwt; spot tons elusive
Hot-rolled coil prices in the United States climbed over $40 per hundredweight ($800 per short ton) for the first time since 2018 after more buyers chased fewer spot tons at...
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RESEARCH: Ferro-alloy prices poised for strong finish to year, further strength in Q1 2021
The latest forecasts from Fastmarkets’ team of analysts are ready to view.
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EXCLUSIVE: Chinese dealers taking over Japanese scrapyards to secure supply
A number of Chinese dealers and business entities are taking over Japanese scrapyards, or setting up scrap businesses in Japan, to secure sufficient supply of the steelmaking raw material for...