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Links to previous press releases are below.

News X

Chinese HRB Price at Three-Month High

Steel

The Chinese domestic price for hot rolled band (HRB) has climbed to a three-month high of $423/t, up by $19/t in the two weeks to 28 June, according to the latest SteelBenchmarker from World Steel Dynamics. Nevertheless, although over $100/t higher than the year-ago level, this is still well below the year-to-date high of $474/t achieved in March. There was a smaller $4/t increase in the US HRB price over the last two weeks to $669/t while, by contrast, the Western European HRB price declined by $7/t to a seven-month low of $548/t.