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Links to previous press releases are below.

News X

Chinese Steel Price Falls

Steel

The Chinese domestic price for hot rolled band (HRB) price fell by $13/t in the two weeks to 26 August to $269/t, cancelling out the increase in the first half of the month and resulting in its lowest level since March 2000, according to the latest SteelBenchmarker from World Steel Dynamics. The US domestic HRB price fell by $17/t over the same period to $505/t - it is now down by $241/t year-on-year. In contrast, the EU HRB price rose by $14/t to $428/t, its highest level since late June.