Blog | Daiwa Lance International | Steel Market Move (3)

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Steel Market Move
Japan Domestic Scrap Prices Remain Stable, 25th October 2024
2024.10.25
Japan domestic scrap prices remained relatively stable during this time, at JPY 40,600/t ($270/t).

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Steel Market Move
Global Steel Market Update: Price Fluctuations Across Key Regions
2024.10.17
In China, SHFE rebar futures prices dropped to Yuan 3,468/t ($491/t), a decrease of Yuan 18/t ($3/t). Similarly, billet ...

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Steel Market Move
Upward Trend in China Raw Material Costs, 9th October 2024
2024.10.10
The upward trend in raw material costs has led to an increase in billet prices, reaching ($469/t) on October 8, with a m...

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Steel Market Move
HRC Price Remains Stable in Vietnam, 03rd October 2024
2024.10.03
HRC prices remain stable at $501/t - $515/t CIF main ports, the domestic market continues to face challenges with weak d...

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Steel Market Move
US Flat Steel Price Turned Positive, 19th September 2024
2024.09.19
Domestic scrap prices in Kanto also saw a week-on-week decrease of JPY 1,500/t ($11/t), now at JPY 41,500/t ($294/t).

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Steel Market Move
US Upward Trend in Flat Steel, 05th September 2024
2024.09.05
In the United States, the reference price for HRC climbed to $698 per ton, reflecting a notable increase of $26 per ton ...

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Steel Market Move
China's Downturn in HRC Price, 22nd August 2024
2024.08.22
HRC prices in China took a sharp downturn this week, plummeting by Yuan 240/t ($33/t) to reach Yuan 3,150/t ($440/t) on ...

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Steel Market Move
Steady HRC Prices in Europe, 08th August 2024
2024.08.08
In Northern Europe, HRC prices stood at EUR 621/t ($671/t) on Aug. 02, showing a slight decrease of EUR 4/t ($4/t) compa...

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Steel Market Move
Slight Dip for HRC Price in Europe, 25th July 2024
2024.07.23
The average domestic scrap price decreased by JPY 500/t ($3/t), with the average price across three regions settling at ...

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Steel Market Move
Regional Insights from Japan to Latin America, 12th July 2024
2024.07.12
While some regions experience slight price increases, a concerning trend of softening demand and declining prices is tak...

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