hot-rolled prices - Latest news GMK Center

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

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

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

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

Offers increased to $890-950/t

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

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

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

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

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

Conditions in the US HCR market continue to soften

The company has been applying this strategy for the third month in a row