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New York Mercantile Exchange (NYMEX) › Metals › DOMESTIC HOT-ROLLED COIL STEEL (HRC) Entry Signal: Market Contract Open High Low Last Change Pct Time; HRC.Q20: Aug 2020: 452: 455: 450: 452: 0: 0.00%: 11:23: HRC.U20: Sep 2020
Indian steel mills have increased their domestic prices for hot-rolled coil for sales in January 2020 by 1,500 rupees ($21) per tonne on the back of rising international prices for the commodity. The price of steel HRC, domestic, ex-works India, was assessed by Fastmarkets on January 3 at 35,000-35,500 rupees ($491-498) per tonne.
Dec 10, 2019· Growth in domestic steel demand slipped into negative territory in the first two months of the third quarter of FY20 (October and November), recording a marginal de-growth of 1.8 per cent year on year (YoY), ratings agency ICRA has said in its latest sector report. In line with the trends in GDP growth, domestic steel demand has steadily declined in the current .
View price reports, history, forecasts and upates on steel and stainless steel products from global commodity research group CRU, including latest HRC prices.
Nov 28, 2019· Kolkata: Domestic steel prices could increase by over Rs 1,000 per tonne in December, the first rise in six months, propped up by a strong revival in international prices and improvement in demand from infrastructure and housing sectors, according to industry executives. "We are seeing signs of an improvement in demand since November and this has given us scope for price correction.
Jul 02, 2020· Mumbai: Indian steel industry's gross spreads per tonne for both hot rolled coil and rebar is expected to fall in the second quarter of FY21 with a further fall in steel prices due to oversupply, said India Ratings and Research in a sector report on Thursday. "As domestic production will gradually increase with the easing of lockdown restrictions, along with no .
Feb 19, 2019· Major steelmakers in India are advocating to the government the need for the imposition of a minimum import price (MIP) on hot-rolled coil at $615 per tonne "upon factoring cost escalation due to raw material price," similar to the earlier imposition in 2016, minutes of a recent meeting of India's Ministry of Steel (MoS) revealed.
Dec 25, 2019· Globally, steel prices have gone up by $60 to $70 (₹4,200-₹4,900) and this is expected to have a rub of effect on Indian steel prices. Steel companies have hiked prices by ₹1,000-₹2,000 a ...
Hot Rolled Coil Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date hot rolled coil prices, hot rolled coil market analyses and news, as it closely follows the main hot rolled coil markets such as China, the CIS, the EU, Turkey, the US and India.
Indian steel mills raised HRC export offers to Vietnam in Jan'20 following hike in domestic steel prices. Thus, buyers in Vietnam preferred competitive offers from other exporting nations. However, the same accounted for 7.213 MnT during (Apr-Jan) FY'20, surged by 40% in comparison with 5.150 MnT in the corresponding period of FY'19.
Indian steel mills increased their hot-rolled coil export prices by about $20-25 per tonne in the week ended Friday August 7 on strong domestic demand and a surge in local HRC prices. The price of steel hot-rolled coil (commodity), export, fob main port India, was assessed by Fastmarkets at $485-500 ...
India : Domestic HRC gains as mills lift July prices. HRC. 09 Jul 16:59 IST. Indian steel mills raise HRC and CRC prices tracking global trend. HRC. 04 Jul 16:25 IST. Weekly: Chinese steel market highlights. HRC. ... 24 Dec 17:58 IST. Global HRC & CRC Market Overview- Week 51, 2019. HRC. Pratibha Bajaj.
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Prices in the local Indian hot rolled coil (HRC) market have remained stable for the third consecutive week at INR 39,000/mt ($606/mt) ex-works, with little change in the low trading activity in the market and with even expectations of a price hike by local steel mills failing to trigger any fresh buying, traders said on Monday, December 4.
India : Domestic HRC gains as mills lift July prices. HRC. 09 Jul 16:59 IST. Indian steel mills raise HRC and CRC prices tracking global trend. HRC. 04 Jul 16:25 IST. Weekly: Chinese steel market highlights. HRC. ... 24 Dec 17:58 IST. Global HRC & CRC Market Overview- Week 51, 2019. HRC. Pratibha Bajaj.
Indian HRC export prices to Vietnam have moved up by USD 10-15/MT W-o-W. SteelMint learned from market sources that towards the end of last week, an eastern India-based prominent steel manufacturer booked 15,000 MT HRC for export to Vietnam at USD 495-500/MT CFR Vietnam for Jan-end-Feb deliveries.
Steel prices in August have been hovering around 3,750 Yuan/MT, below July's six-month high of 3,800 Yuan/MT, but still backed by stronger demand from China, the world's largest steelmaker, after the economy opened up following months of virus-induced lockdown. China will increase its infrastructure construction in the third quarter of the year to offset the negative impact of the ...
As previously reported, a price increase announced by producers inDecember was only partially accepted by the market as demand remainedsluggish. Transaction prices for IS 2062 grade A/B structural HRC, 3mm thick andabove, presently average Rupee 33,000-33,500/mt ex-works, equivalent to animport parity level of $559-567/mt at a 7.5% import tariff.
Steel prices at the beginning of 2020 are relatively stable when compared to 2019 despite a momentary spike in December. Given the generally positive outlook for steel demand, and an expected slowing of Chinese steel production, prices could be set to rise in 2020. But as Remeithi points out, any projection for the industry rests on shaky ground.
Jul 27, 2020· In December 2019, global steel giant ArcelorMittal announced acquisition of debt-laden Essar Steel and forming a joint venture AM/NS India with Japan-based Nippon Steel. Covid-19 impact: AMNS India's production drops by 30%, earnings decline by 23% in Q2 2020
Aug 30, 2017· Between July and August FY18, domestic HRC prices have increased by around 10%, reaching Rs 39,250/tonne in the fourth week of August from Rs 35,750/tonne in the first week of July. Additionally, domestic steel mills have also continued to push exports, which grew 66% between April and July FY18.
New York Mercantile Exchange (NYMEX) › Metals › DOMESTIC HOT-ROLLED COIL STEEL (HRC) Entry Signal: Market Contract Open High Low Last Change Pct Time; HRC.Q20: Aug 2020: 452: 455: 450: 452: 0: 0.00%: 11:23: HRC.U20: Sep 2020
China Steel Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date Chinese steel prices, Chinese market analyses and news, as it closely follows the Chinese iron ore, coking coal, flat steel, billet and long steel markets.
Hot Rolled Coil Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date hot rolled coil prices, hot rolled coil market analyses and news, as it closely follows the main hot rolled coil markets such as China, the CIS, the EU, Turkey, the US and India.
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