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prices - Latest news GMK Center

Photo – German steel producers expect a price increase in March
German steel producers expect a price increase in March

Buyers need to stock up, and import offers are currently limited

Photo – European HRC producers have raised prices for January 2023
European HRC producers have raised prices for January 2023

The increase in European prices will not help exports from Turkiye yet

Photo – The current prices on the European HRC market are not indicative
The current prices on the European HRC market are not indicative

Buyers are testing the market to see if prices have bottomed out

Photo – The rise in iron ore prices in China is driven by market sentiment
The rise in iron ore prices in China is driven by market sentiment

The volume of iron ore imports this year will be lower than in 2021

Photo – Weak demand for steel in China has hit raw material prices
Weak demand for steel in China has hit raw material prices

On October 31, the price of iron ore on the Dalyan Commodity Exchange fell to $83.4/t

Photo – Long steel suppliers in the EU seek to stabilize the market
Long steel suppliers in the EU seek to stabilize the market

Inventories are declining, and imports of these products to Europe have slowed down

Photo – The European hot-rolled coil market is not yet ready for recovery
The European hot-rolled coil market is not yet ready for recovery

Supply of Asian imports increased in the EU market in October

Photo – Rising prices for coking coal may reduce the steelmakers’ margins
Rising prices for coking coal may reduce the steelmakers’ margins

Coking coal prices rose in August after a record fall in July, but forecasts for future quotations differ

Photo – Baosteel expects steel market to improve in September
Baosteel expects steel market to improve in September

The company has reduced prices for its flat products with delivery in August

Photo – Summer recession: why Ukraine’s steelmakers and miners reduce activities
Summer recession: why Ukraine’s steelmakers and miners reduce activities

Business cannot solve many new problems without authorities involvement

Photo – ArgusMedia: Euro/dollar parity may help hot-rolled steel prices stabilization
ArgusMedia: Euro/dollar parity may help hot-rolled steel prices stabilization

Euro and dollar exchange rates are nearly equal, which could help European flat steel prices reach bottom and stabilize

Photo – Global coal prices may increase
Global coal prices may increase

Coking coal prices, despite the fall, also have growth potential

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