Hot-rolled coil (HRC) steel is a commodity representing a specific form of steel produced through the hot rolling process. It is characterized by its flat shape and smooth surface finish ...

Futures rebounded after hitting bottom in the afternoon, spot prices decreased by 10-20 yuan/mt, market trading sentiment improved in the afternoon, the trading atmosphere was moderate, and daily ...

Where Is the Path for Steel Prices to "Break Through" in Q2? In 2024, prices fluctuated downward throughout the year, with the annual average price of rebar at 3,575 yuan/mt, down 322 yuan/mt YoY. In ...

U.S. steel prices have surged due to tariffs, leading to supply constraints and market uncertainty despite a recent return to ...

U.S. steel futures ticked lower on Thursday as traders assessed President Donald Trump's plans to impose 25% tariffs on auto ...

Steel Dynamics (NASDAQ:STLD) shares rose more than 3% today after UBS upgraded the stock from Neutral to Buy, maintaining a ...

In the short term, this week's HRC data continued to show strong supply and ... Limited Room for Further Increases in Construction Material Prices Next Week This week, steel spot prices fluctuated ...

[SMM Stainless Steel Spot Daily Review: Stainless Steel Market Futures and Spot Linkage, Price Fluctuations Amid the Tug-of-War Between Supply and Demand] On February 21, during the week in the ...

UBS upgraded Nucor (NYSE:NUE) and Steel Dynamics (NASDAQ:STLD) to Buy and maintained a Neutral rating on Commercial Metals Company (NYSE:CMC), citing increased U.S. steel trade protections and higher ...

Aditya Welekar: At current spot prices, if we look at import parity, the domestic HRC prices are trading at almost a 8% premium to Chinese steel prices. If they increase the duties from 7.5% to 12 ...

Axis Securities upgraded its rating on Steel Authority of India (SAIL) to 'buy', raising the target price to ₹130. The firm ...

In 2024, domestic steel prices declined, impacted by additional material availability due to increase in net imports. Hot rolled coil (HRC) prices declined 9 per ... pressure “somewhat”. Coking coal ...