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China’s major steel mills held back their cokes buying offers lately. According to Mysteel of China, the major provinces like Hebei and Shandong Provinces sticked together to lower their cokes buying price by 100 yuan for wet quenching cokes and 110 yuan for dry quenching ones, a ton each holding go
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The LME aluminum trading on October 1 ended at $3,120 for spot and $3,131 for the 3 months each a ton, while refined copper price was traded at $14,335 and $14,290 and others like zinc(at $3,834 and $3,766), lead($1,837 and $1,869), nickel ($15,570 and $15,760) and tin($54,400 and $54,500) showed a
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The LME trading of September 30 ended at $14,487 on the refined copper spot and $14,455 on the 3 months, while wrapping up with $3,204 and $3,210 for aluminum, $3954 and $3,842 on zinc, $1,856 and $1,890 on lead, $15,860 and $16,060 on nickel, and $54,075 and $54,350 for tin a ton respectively. The
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Nucor Steel, first largest crude steel mill in US, raised its hot rolled coil price again by $1,220 a short ton at its entire mills beginning September 28 but California Steel Industries which offered $1,280 a short ton added $10 over week while the lead time remained unchanged taking 3~5 weeks long
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Nippon steel of Japan is set to raise its November delivery price past 5,000 yen for domestic distribution and sale on rerolled flat product, light structural shapes and steel pipe and tubes, industry sources said. The main product categories are focused on all the flat products including picked & o
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Iron ore price constrains hovering $95 around though inched a bit to $95.56 in the fourth week on average for the 61% Fe northern China cost & freight sport terms, Korea Trade and Industry Ministry delivered. This seems to be affected by the stalling demand and thus, steel mills braced for poorer pr
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The global crude steel production underwent in August versus that a year ago, while first largest steel producing country, China, leads production cut though others like US and Vietnam put the brake on the falling pace. According to World Steel Association, the August crude steel production was down
