Product
January 4, 2013
Chinese Trade Data for November
Written by John Packard
Latest in Product
CRU: Higher costs and demand will raise plate prices
Global steel plate prices are expected to trend upward as North American restocking and European regulatory costs will drive the market, even as recovery in Asian markets remains gradual and cost-dependent.
Rig count unchanged in US, up in Canada
The latest Baker Hughes rig count report shows steady drilling for oil and gas in the US, while drilling in Canada improved slightly.
Coil sources: Weekly spot orders slip, mill price hikes go unfelt
Participants in the domestic sheet market say they experienced lighter inquiries and fewer orders than in previous weeks, rendering domestic mill price increases for spot-market hot- and cold-rolled coils irrelevant.
HRC vs. prime spread widens in February
The spread between domestic hot-rolled coil and prime scrap prices widened slightly in February. It has been trending in that direction since October.
HARDI: Galv market conditions signal firmer terrain in 2026
The galvanized steel market is navigating price increases and longer lead times with a surer footing than in prior months.