• Lithium Manganate Mn 58% Delivered China(-1500)  09-22|Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max Delivered South Korea(-0.9)  09-22|Spodumene Li2O 6%min CIF China(-70)  09-22|Lithium Chloride 99.3%min Delivered China(-5000)  09-22|Iron Ore Fine Australian 62%min CNF China(-3.5)  09-22|Lithium Metal 99%min Delivered China(-40000)  09-22|Lithium Carbonate 99.5%min FOB South America(-0.7)  09-22|Lithium Hydroxide Monohydrate LiOH 56.5%min, Magnets 0.0001%max FOB China(-0.8)  09-22|Magnesia D.B. 90%min 3-15mm FOB China(-5)  09-22|Lithium Carbonate 99.5%min CIF China(-0.8)  09-22|Lithium Metal 99.9%min Delivered China(-40000)  09-22|Indium Ingot 99.995%min EXW China(50)  09-22|Lithium Carbonate 99.5%min Delivered EU(-0.7)  09-22|YEu Oxide Eu2O3/REO 6.6%min EXW China(-1)  09-22
  • 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.
    Please contact us for a subscription.
    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 Copyright1.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 The demand from downstream industries remained sluggish and showed no signs of recovering under the gloomy economy.Asian Metal Copyright Reporting poor sales performance, traders showed little confidence in the market prospect and worried about a price drop.Asian Metal Copyright Reporting heavy production cost pressures, overseas steel mills remained reluctant to cut prices further late this month.Asian Metal Copyright The demand from downstream industries remained sluggish and showed no signs of recovering under the gloomy economy.Asian Metal Copyright 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.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 Reporting poor sales performance, traders showed little confidence in the market prospect and worried about a price drop.Asian Metal Copyright Reporting heavy production cost pressures, overseas steel mills remained reluctant to cut prices further late this month.


    .Asian Metal Copyright The demand from downstream industries remained sluggish and showed no signs of recovering under the gloomy economyAsian Metal Copyright
      Copyright © Asian Metal Ltd All rights reserved.