About Steel

- Nov 10, 2017-

China’s domestic hot-rolled coil (HRC) prices lost their upward momentum on Friday, and ended the day flat due to inactivity, while China’s domestic rebar prices also lost their way ahead of the weekend amid a softening of the billet and futures markets.

East China’s Shagang is rolling over the list prices for its long steel products for early November.

Import prices for rebar in Singapore have edged up slightly over the past week in the absence of cheap Turkey-origin spot cargoes.

CIS rebar and wire rod export prices fell in the week ending October 31, due to modest demand in the region's major target markets and a decline in domestic long steel prices in Russia.