Weekly steel price index 2025/01/04
Steel NewsDate: 06-01-2025 by: Ngoc Cam
The Weekly steel price index for 2025/01/04 shows notable fluctuations across key markets like China, the US and Europe.
Factors such as political measures, supply and demand shifts and trade policies are driving changes in steel prices. Stay informed about the latest market trends and their impact on global steel pricing.
Exporting Country | Product | Importing Country | Price (USD/MT) | Trade & Shipment Term |
Viet Nam | HRC | Domestic | 516-518 | CFR Viet Nam |
China | HRC | Viet Nam | 465-470 | CFR Viet Nam – End of Feb/early Mar shipment |
China | HRC | Viet Nam | 470-480 | CFR Viet Nam – End of Feb/early Mar shipment |
China | HRC | Viet Nam | 490-495 | CFR Viet Nam – Feb/early Mar shipment |
China | HRC | Viet Nam | 485-490 | CFR Viet Nam – End of Feb/early Mar shipment |
China | HRC | Turkey | 510-520 | CFR Turkey – Feb/early Mar shipment |
Russia | HRC | Turkey | 520 | CFR Turkey – Feb/Mar shipment |
Turkey | HRC | Domestic | 560-565 | EXW Turkey – Feb shipment |
China | HRC | Turkey | 510-520 | CFR Turkey – Feb/early Mar shipment |
India | HRC | Turkey | 560 | CFR Turkey – Feb/Mar shipment |
EU | HRC | North Europe | 600-630 | EXW Germany – Feb/Mar shipment |
EU | HRC | Italy | 580-610 | EXW Italy – Feb/Mar shipment |
Turkey | HRC | EU | 590 | CFR EU – Feb/Mar shipment |
India | HRC | EU | 560 | CFR EU – Feb/Mar shipment |
Korea | HRC | EU | 580 | CFR EU – Feb/Mar shipment |
US | HRC | Domestic | 750-881 | EXW US – Feb shipment |
Mexico | HRC | Domestic | 716-750 | Delivered price – EXW |
Over the past week, the steel market has experienced significant fluctuations, particularly in major markets such as China, the US and Europe. While suppliers in many countries have maintained stable pricing, some regions have witnessed considerable price changes, mainly due to supply and demand factors, political situations and market protection policies.
In Asia, especially in China, steel prices have not changed drastically. However, information regarding protectionist measures, including anti-dumping duties and import restrictions, has impacted prices in the region. As a result, suppliers have had to adjust their pricing to remain competitive and meet market demands.
In Europe, fluctuations have largely been driven by market protection issues and measures to counter the influx of "cheap steel" from non-EU countries. Additionally, some mills in the region have not been operating at full capacity due to holiday breaks, leading to a partial shortage of steel supply, which has further affected prices in the region.
In the US, while steel prices have remained relatively stable, changes in tariff policies and import regulations under the new administration could have significant impacts on steel prices, especially for imports from Mexico, China, and Canada.
* Please note that all pricing information in this article is based on data collected and analyzed by our team and is intended for reference purposes only. Prices are subject to change and may not be accurate at all times.
Write a comment