• Silicon Metal 4-4-1 Delivered Europe(1665)  10-15|Silicon Metal 5-5-3 Delivered Europe(1375)  10-15|Ferro-silicon 65%min FOB Russia(465)  10-15|Ferro-silicon 65%min In warehouse Russia(31.5)  10-15|Silicon Metal 5-5-3 Delivered China(-8000)  10-15|Ferro-silicon 75%min In warehouse Pittsburgh(0.23)  10-15|Magnesia E.F. 97%min H-Ca EXW China(500)  10-15|Ferro-boron B 18%, C 0.5%max EXW China(2000)  10-15|Magnesia E.F. 97%min H-Ca FOB China(80)  10-15|Magnesia E.F. 97%min EXW China(300)  10-15|Ferro-silicon 75%min In warehouse Rotterdam(200)  10-15|Ferro-boron B 18%, C 0.5%max FOB China(200)  10-15|Manganese Briquette 97%min FOB China(180)  10-15|Silicon Metal 5-5-3 FOB China(-240)  10-15
  • Monthly HRC & Steel Plate Market Report Jan 2021

    2021-02-02 08:26:24   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
    Please contact us for a subscription.
    1. Market Highlights

    Prices of HRC and steel plate failed to keep rising and fluctuated frequently during the month, but the price change remained narrow. Producers were eager to raise prices boosted by the rising prices of raw materials. Therein, major producers such as Baowu Group, Bengang Steel, Ansteel and Bengang Steel lifted HRC EXW prices by around RMB100-300/t (USD15-45/t) for February production.Asian Metal Copyright In the meantime, prices of HRC and steel plate continued the upward trend in other Asian markets in the first half of the month, but they failed to go up further in the second half of the month since the frequent price fluctuation in China weakened market participants' confidence to a large extent.Asian Metal Copyright Traders remained cautious about supplementing inventories seeing the higher prices from steel mills as well as the poor sales performance.Asian Metal Copyright .Asian Metal Copyright End users tended to purchase according to orders for final products and had no intention to build stocks, with wait-and-see attitudes.Asian Metal Copyright .Asian Metal Copyright Meanwhile, steel mills had to cut export prices dragged by the price decrease in the domestic market, and overseas buyers held back from placing orders.

    In the meantime, prices of HRC and steel plate continued the upward trend in other Asian markets in the first half of the month, but they failed to go up further in the second half of the month since the frequent price fluctuation in China weakened market participants' confidence to a large extent.

    .Asian Metal Copyright Traders remained cautious about supplementing inventories seeing the higher prices from steel mills as well as the poor sales performance.Asian Metal Copyright
      Copyright © Asian Metal Corp. All rights reserved.