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Links to previous press releases are below.

News X

Chinese HRB Price at 6-month low

Steel

The Chinese domestic price for hot rolled band (HRB) declined by $25/t in the last two weeks to a six-month low of $404/t, according to the latest SteelBenchmarker from World Steel Dynamics. Nevertheless, it remains more than $50/t above China’s year-ago level. By contrast, the US HRB price climbed by $9/t over the same period to $713/t, which is the highest level since November 2014, while the Western European HRB price fell below $600/t for the first time since mid-January, down by $34/t to $574/t.