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Links to previous press releases are below.

News X

Chinese HRB Price Falls

Steel

The Chinese domestic price for hot rolled band (HRB) dropped sharply in the five weeks to the 29 July to $275/t, down $32/t from late June, according to the latest SteelBenchmarker from World Steel Dynamics. This is its lowest level since March 2002 and is $175/t below the year-ago level. There was a smaller fall, of $8/t, in the Western European domestic HRB price over the same period to $420/t, while the US HRB price rose by $5/t to $518/t.