Market Data
March 25, 2013
China Trade Data for February
Written by John Packard
The following table is of the Chinese trade data for the month of February 2013. Tonnage shown is in thousands of metric tons.
Latest in Market Data
Global steel production recovers 3% in May
Total raw steel produced around the globe rebounded 3% in May to an estimated 157.9 million metric tons (mt), according to the World Steel Association (worldsteel).
AISI: Raw steel mill output eases to 8-week low
US raw steel production has eased over the past month following the multi-year high seen in May, according to recent American Iron and Steel Institute (AISI) data
CRU Outlook: Plate prices will retain support in the US but soften in Asia, Europe
CRU: Tight market balance will drive up US steel plate prices, while weak demand and lower CBAM costs will pull European prices down. Weather risks will shape Asian markets, from Chinese rain disruptions to uneven Indian monsoons.
Nucor increases spot HR price by $5/ton
Nucor announced on Monday, June 22, that its consumer spot price (CSP) for hot-rolled coil will be $1,130 per short ton for the week, up $5/st from last week.
CR imports more attractive as US prices remain on the rise
Cold-rolled (CR) coil prices ticked up in the US this week, as offshore prices mostly trended lower.