Chinese HRC export offers inch down over ample supply- This week Chinese HRC exports offers witnessed slight correction amid availability of increased stock levels both in domestic and overseas market. Thus overseas buyers are reluctant to purchase over expectation of further decline in prices on the back of volatile futures.
News ID: 5689 Publish Date : 2019/08/02
Indian mills resume HRC export offers to Nepal - As per conversation with industry participants, few major Indian steel mills in eastern India have resumed offering HRC exports to Nepal for Sep’19 deliveries.
News ID: 5475 Publish Date : 2019/07/25
Chinese HRC export offers continue to remain on lower side- Chinese HRC export offers continue to show downturn this week owing to thin trades happening in export market. Overseas buyers are unwilling to purchase material at higher prices and are bidding on lower side with the anticipation of further decline in prices.
News ID: 5248 Publish Date : 2019/07/17
Chinese HRC export offers strengthen further- Chinese HRC export offers increased further by USD 10/MT amid announced production cuts in Tangshan region. Also resumption in trade talks between USA and China has lead to positivity in market sentiments in China.
News ID: 5013 Publish Date : 2019/07/04
Chinese HRC export offers lift over gains in domestic market- This week Chinese HRC export offers moved up by USD 10-15/MT after witnessing continual decline since last few weeks owing to pessimistic sentiments prevailing in domestic market.
News ID: 4958 Publish Date : 2019/07/01
Chinese HRC export offer increases over gains in domestic market- Chinese HRC export offers continued to show uptrend amid improved buying and restocking demand prevailing among end users in China.Meanwhile increase in domestic prices also pushed export offers in upward direction.
News ID: 4068 Publish Date : 2019/03/18
Chinese HRC export offers continued to remain on lower side- Chinese HRC export offers remained on lower side over weakening prices in domestic market.
News ID: 3024 Publish Date : 2018/12/21
Chinese HRC export offers continued to remain on lower side - Chinese HRC export offers continued to remain on lower side following slump in domestic prices.Currently HRC export offers from China is assessed around USD 475-480/MT FoB basis.
News ID: 2958 Publish Date : 2018/12/18