Asian carbon steel sheet continued to rise

Chinese export

Medium and thick plate exports: this week with the appreciation of the renminbi and the overall upward price level of the plate, the price of the medium board has also risen, but the increase is significantly smaller than the hot-rolled coil, and the increase of different port resources is 5-10 US dollars/ton. Our company learned from individual steel mill news that the recent increase of Carbon Steel Plate is low compared to hot coil, and partly due to a slight reduction in the supply side, superimposed raw material prices are similar, and the factory efficiency is still not good. At present, the main delivery date of mid-board exports entered February, and the transaction this week was slightly improved from last week.

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Southeast Asia
With the strengthening of the RMB against the US dollar and the rise of China's domestic market this week, the export prices of the Asian sector have continued to rise, the market mostly shows a wait-and-see attitude, generally speaking, the price in November is better than in October, the increase is obvious, export prices in the premise of poor demand, still need to maintain a competitive advantage in prices, so the space is not obvious. It is reported that Vietnam's local steel mill Formosa Ha Tinh has sold out of the November hot roll quota, and local buyers are considering importing from foreign countries. cold drawn steel pipe.In terms of seamless carbon steel pipes, the sales volume of Q195 is better than that of Q235, and the large tonnage (2000-5000) of Q195 is very good.

India
IS2062 (2.5-10 mm) hot rolled A36 carbon steel sheet spot price The current price is basically stable week on week. After the Diwali Festival, the market is in a relatively stable state, and the superimposed trader inventory is also high at present, so the transaction is also cautious, and it is expected that the price will still rise slightly in the near future.

Boiler Plate

Russia
The Russian export hot coil market is picking up, steel mills are increasing their offers, and market participants are beginning to flow to the hot coil export market.
Affected by the rise in raw material prices, Russia's hot-rolled carbon plate prices continue to rise, coupled with the arrival of winter makes the domestic market hot roll demand is weakening, Russia's domestic hot plate market activity has gradually reduced, although the Russian hot plate trading focus is still in the domestic market this week, but from the recent small-batch export hot plate transaction point of view, It is expected that the Russian hot plate export market will no longer be cold in the short term.