hot-rolled prices - Latest news GMK Center

The base HRC price reached $740 per short ton

The company announced a reduction in offers by $10 – to $720/t

This step is due to the increase in steel prices in the country

The company is bullish on current levels and has withdrawn all offers below €590/t

On September 23, HRC Nucor spot price increased by $10/t – to $730 per short ton

Expectations for the revival of the market after the summer holidays did not come true

The updated monthly spot price is $750/t

It is expected that the market will accept an increase to the level of $720/t

Baosteel cut prices for steel coil for September sales by $14/t

HRC prices are currently in the range of $640-670 per short ton

During this period, HRC spot prices increased by $40/t

Most end users are in no rush to replenish their stocks