In begining of the second week of this July, HRC SAE 1006 ex China was offered into Asia market was 520$/MT FOB for Aug shipment. CRC was 550$ FOB and GI was 615$ FOB. The HRC price has fluctuated vaguely during this week although variation is not much.
Take a look at steel price index from 8th July to 13th July 2019, there is only coke price remaining stable level at 253$. Other indexes were in unpredictable trend.
Coal, in general, followed down trend. Although there was a small counter movement in middle of the week, coal dropped from by 2$ and reaches 75.43$ today.
Scrap, in spite of changing and reversing everyday, the average level was around 299$ decreasing slightly in comparison with beginning of the week. So did iron ore, which also followed complicated trend. However, iron ore has been up by 3$ and is 120.32$ now.
Zinc firstly went down but then went up and reversed to nearly the same level at 2,426.00$. In contrary, alu alloy soared first then fell in later days but increased significantly in the end and hits 1,260.00$ by today, a 45$ dissimilarity of the beginning of the week.
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