Far East Asia Steel Prices, News and Analysis. SteelOrbis is the primary information source preferred by thousands of firms for its up-to-date Far East steel prices, Far East market analyses and news, as it closely follows the Far East hot rolled coil, cold rolled coil, rebar and wire rod markets. Used as a reference by key market players and accepted as the best in its field, the SteelOrbis Far East Steel Prices
NBS:Local Chinese rebar prices up 2.3 percent in late MarchIn the given period, prices of wire rod, medium plate, hot rolled coil (HRC), seamless steel pipes and angles rose by 2.4 percent, 3.7 percent, 4.4 percent, 1.2 percent and 2.9 percent respectively, all compared to mid-March. $1 = RMB 6.5527
Ex-CIS slab prices increase in January. Ex-CIS slab prices moved up during January, increasing by $50/mt on average to $535-545/mt FOB by the end of the month. Ex-CIS HRC prices soften in February. Ex-CIS HRC prices entered the month of February on a sideways trend.