Industry News
- Nucor is raising the price of hot-rolled steel by $5
The average spot price for HRC on the U.S. market is $1,060 per ton
- Germany increased steel production by 7.5% y/y in March
Compared to the previous month, the figure rose by 18.1%
- China is stepping up efforts to stabilize the steel market
The imbalance between ample supply and weak demand for steel continues to grow
- ExclusivePrices for Turkish welded pipes rose by $60 per ton in March
Prices for oil and gas OCTG pipes in the U.S. remained stable during the same period