hot-rolled prices

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The global HRC market continued its negative trend in June

European mills were forced to make concessions in an attempt to fill their order books

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Nucor raised prices for hot-rolled coil by $10/t

Offers returned to early May levels

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Hot rolled coil prices in the EU may drop to €570/t – WSD

Despite the decline, HRC prices may rise in the fall due to new trade measures and reduced supply

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Nucor raises prices for hot rolled coils for the second time since June

Offers increased from $890-950/t to $900-960/t

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OCTG pipe prices fell by 9% in May amid falling oil prices

Quotations for welded pipes in Turkey have also fallen by $20/t since mid-May

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Cleveland-Cliffs raises HRC price to $950/mt for July orders

Compared to June offers, the price of hot-rolled coils increased by $40/t

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Global prices for hot-rolled coils decreased by 1-7% in May

The negative dynamics is due to seasonal factors, trade uncertainty and weakened demand

reuters.com
Nucor reduces HRC prices for the fourth consecutive time – down to $870/t

Proposals for the week of May 26 – June 1 fell by $10/t, and since the beginning of the month – by $60/t

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Slab prices in Europe fell by $10-20/t in May

Asian suppliers have entered the U.S. market, but their supply is unlikely to be sustainable in the future

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Cleveland-Cliffs cuts HRC price to $910/mt for June orders

Compared to May's offers, the price of hot-rolled coils fell by $65/t

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Nucor has cut prices for hot rolled coils to $880/t for the third time since May

Offers for the week of May 19-25 fell by $20/t, and since the beginning of the month – by $50/t

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