• Cobalt Intermediate 20-30% CIF China(-0.4)  12-06|Calcium Ingot Reductive 98%min EXW China(500)  12-06|Dysprosium Metal 99.5%min FOB China(12)  12-06|Ferro-gadolinium Gd 73% EXW China(10000)  12-06|Neodymium Oxide 99.5%min FOB China(3000)  12-06|Lithium Carbonate 99%min Delivered China(-16000)  12-06|Iron Ore Fine Australian 62%min CNF China(3)  12-06|Ferro-dysprosium 80% FOB China(9)  12-06|Magnesia D.B. 90%min 3-15mm In warehouse Rotterdam(-10)  12-06|Lithium Chloride 99.3%min Delivered China(-14000)  12-06|Dysprosium Oxide 99.5%min FOB China(9)  12-06|Neodymium Oxide 99.5%min EXW China(20000)  12-06|Neodymium Metal 99%min FOB China(3.5)  12-06|HR Coil SS400 5.5mm FOB China(15)  12-06
  • Monthly HRC and Steel Plate Market Report Jun 2022

    2022-07-05 12:11:59   【Print】
    The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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    1. Market Highlights

    Prices of HRC and steel plate went through the up-down trend in major domestic markets during the month. They went up in the first two weeks of the month as the lockdown lift in Shanghai strengthened market participants' confidence, together with the price rebound of raw materials, encouraging steel mills and traders to raise prices. Prices began falling back in the third week, and drooped quickly late the week, with the markdown of around RMB400/t (USD60/t) within two days.Asian Metal Copyright The weak demand weakened participants' confidence.Asian Metal Copyright Leading producers such as Baowu Group, HBIS, Ansteel and Shougang Group maintained EXW prices for July production flat seeing the high production cost but the unsatisfactory sales performance.Asian Metal Copyright In the meantime, prices of HRC and steel plate kept decreasing in other countries during the month.Asian Metal Copyright Reporting poor sales performance, traders showed little confidence in the market prospect and worried about a price drop.Asian Metal Copyright The weak demand weakened participants' confidence.Asian Metal Copyright The demand from downstream industries remained sluggish and showed no signs of recovering under the gloomy economy.Asian Metal Copyright Leading producers such as Baowu Group, HBIS, Ansteel and Shougang Group maintained EXW prices for July production flat seeing the high production cost but the unsatisfactory sales performance.Asian Metal Copyright Besides, end users remained cautious about purchasing seeing the insufficient orders as well as the frequent price change.

    In the meantime, prices of HRC and steel plate kept decreasing in other countries during the month. The weak demand weakened participants' confidence.Asian Metal Copyright The demand from downstream industries remained sluggish and showed no signs of recovering under the gloomy economy.Asian Metal Copyright Reporting heavy production cost pressures, overseas steel mills remained reluctant to cut prices further late this month.


    .Asian Metal Copyright In the meantime, prices of HRC and steel plate kept decreasing in other countries during the monthAsian Metal Copyright
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