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AG真人游戏 Steel's latest report dives into the global steel market's movements over the past week, providing insights into key events impacting the steel price index week 2024/11/01-09 Discover how anti-dumping measures, raw material costs and changing export trends are shaping prices worldwide.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermChinaQ195 HRC 3mmViet Nam408-505CFR - Dec/Jan shipmentChinaQ235 HRCViet Nam510-515CFR - Dec/Jan shipmentChinaSAE1006 50% 2mmViet Nam530CFR - Dec shipmentChinaSAE1006 50% 2mmViet Nam525-530CFR - Dec shipmentIndonesiaSS400Viet Nam540-550CFR - Dec/Jan shipmentKoreaSAE1006Viet Nam535CFR - Dec/Jan shipmentJapanSAE1006Viet Nam540CFR - Dec/Jan shipmentChinaWire rodViet Nam495-500CFR - Jan shipmentIndonesiaWire rodViet Nam495FOB - Jan shipmentIndonesiaWire rodThailand530CFR - Jan shipmentChinaWire rodThailand505-515CFR - Jan shipmentMalaysiaWire rodThailand520CFR - Jan shipmentChinaWire rodPhilippines500-505CFR - Jan shipmentIndiaHRC IS2062/E250 BRIndia563-575EXW Mumbai - Dec shipmentChinaHRC commercial gradesIndia520-525CFR - Dec shipmentTurkeyHRCTurkey605-620EXW - Dec shipmentRussiaHRC 1.9-4mmTurkey545CFR - Dec/Jan shipmentGermanyHRCGermany570-590EXW - Dec shipmentTurkeyHRCEU main ports580-600CFR FO - Dec/Jan shipmentItalyHRCItaly570-580EXW - Dec shipmentKoreaHRCEU main ports580-585CFR - Jan shipmentJapanHRCEU main ports570-580CFR - Dec/Jan shipmentEgyptHRCEU main ports570-575CFR - Dec/Jan shipmentIndiaHRCEU main ports550-555CFR - Jan shipmentDecline in Chinese steel pricesOver the past week, steel prices in China experienced a significant drop of up to 3%, driven by the reassessment of the impact of the government's new economic stimulus packages on steel demand. Specifically, rebar prices on the Shanghai Futures Exchange fell to 3,230 yuan/ton, marking the lowest level in two weeks. This decrease reflects potential oversupply and a cautious market outlook.Indian anti-dumping measures on stainless steel from ChinaOn November 9, India imposed anti-dumping duties on certain stainless steel products imported from China to protect its domestic industry. This measure is expected to curb imports from China and could potentially lead to tighter supply and price adjustments in the regional market.Increased Chinese steel exports due to weaker domestic demandReports from November 8 indicated that Chinese steel producers have ramped up exports in response to weakened domestic demand. This shift could lead to increased supply in global markets and exert downward pressure on international steel prices.Iron ore price increase amid supply concernsIron ore prices, a critical component in steel production, saw an uptick due to concerns over supply disruptions from major exporters such as Brazil and Australia. This rise in raw material costs could translate into higher production expenses for steel manufacturers, potentially impacting the global steel price trajectory.Stability in Vietnamese steel pricesIn Vietnam, steel prices remained stable over the past week, with no significant fluctuations reported. This stability comes despite the backdrop of rising international iron ore prices and global market shifts.* 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.

As steel prices fluctuate amid evolving global dynamics, AG真人游戏 Steel's weekly Steel Price Index offers a comprehensive look at the latest numbers and the forces behind them. From international market shifts to emerging industry trends, delve into the key events impacting steel prices worldwide and stay ahead with insights tailored for industry professionals.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermVietnamHRCVietnam532-534Jan shipmentChinaHRCVietnam500-505CFR Vietnam 鈥� Dec shipmentChinaHRCVietnam505-513CFR Vietnam 鈥� Dec shipmentChinaHRCVietnam525-530CFR Vietnam 鈥� Dec shipmentChinaHRCVietnam520-525CFR Vietnam 鈥� Dec shipmentKoreaHRCVietnam535CFR Vietnam - Dec/Jan shipmentJapanHRCVietnam545CFR Vietnam 鈥� Dec/Jan shipmentThailandWire RodThailand525CFR Thailand 鈥� Dec shipmentChinaWire RodThailand520CFR Thailand 鈥� Dec shipmentChinaWire RodManila505-510CFR Manila 鈥� Dec shipmentIndiaHRCIndia553-565EXW MumbaiChinaHRCIndian ports520-525CFR Indian ports 鈥� commercial gradesTurkeyHRCTurkey607-610EXW Turkey - Nov/Dec shipmentRussiaHRCTurkey545CFR Turkey 鈥� Dec shipmentEUHRCGermany620-631EXW Germany 鈥� Dec shipmentTurkeyHRCItaly609-620EXW Italy 鈥� Dec shipmentEUHRCEU main ports598-604CFR EU main ports - Dec/Jan shipmentIndiaHRCEU main ports625CFR EU main ports 鈥� Dec shipmentTaiwanHRCEU main ports615-625CFR EU main ports- Dec shipmentEgyptHRCEU main ports631-636CFR EU main ports 鈥� Dec/Jan shipmentKoreaHRCEU main ports615-631CFR EU main ports 鈥� Dec/Jan shipmentUSHRCUnited States740Consumer spot price 鈥� Dec shipmentMexicoHRCMexico740Consumer spot price 鈥� Dec shipmentWhile last week's steel prices reflect shifting market dynamics, a closer look reveals the global events and industry shifts driving these changes. Here鈥檚 what鈥檚 making waves in the steel industry right now:Severstal's demand forecastRussian steelmaker Severstal anticipates a 5-7% decline in steel demand due to high borrowing costs affecting customer investment plans. The central bank's recent interest rate hike to 21% has intensified financial strain on industrial companies, particularly small and medium-sized enterprises, and threatens infrastructure development goals. Severstal reports that 80% of its sales are now within Russia, with the construction and mechanical engineering sectors experiencing reduced activity and lower demand, leading to declined investment projects. In the third quarter, steel demand fell by 9%.Outokumpu's market outlookFinnish stainless steel producer Outokumpu reported higher-than-expected third-quarter core profit, driven by strong performance in its ferrochrome business and higher stainless steel prices in Europe. However, the company warned of deteriorating market conditions in Europe and North America for the final quarter of the year, predicting flat or declining stainless steel deliveries by up to 10%, and sequentially lower core earnings. CEO Kati ter Horst cited challenging market conditions, including weak demand, cost inflation, and cheaper imports from Asia as major concerns.JSW Steel and POSCO collaborationIndia's JSW Steel has signed a preliminary agreement with South Korea's POSCO to establish an integrated steel plant with an initial capacity of 5 million metric tons per year. The joint venture will also include collaboration on renewable energy and battery materials for electric vehicles. JSW Steel, the largest steelmaker in India by capacity, will work with POSCO to support the energy needs of the proposed steel plant and contribute to building an EV ecosystem in India. POSCO, which already operates a steel mill in Maharashtra supplying automakers, had previously abandoned a $12-billion project in Odisha but later partnered with Indian billionaire Gautam Adani's infrastructure group for a $5 billion investment in Gujarat.BlueScope's profit guidanceAustralian steel company BlueScope forecasts a profit hit for the first half of the fiscal year due to record levels of Chinese exports, inflation, and uncertainties in the US related to the impending presidential election. It anticipates underlying earnings before interest and tax (EBIT) between $270 million and $310 million, down from the initial estimate of $350 million to $420 million. BlueScope plans to implement around $200 million in cost and productivity improvements. CEO Mark Vassella acknowledges challenging conditions in the global steel industry, influenced by East Asian market softness, inflation, and US economic uncertainties. In North America, the North Star division鈥檚 performance is expected to decline, and customer orders are being deferred pending election outcomes. While domestic demand in Australia is stable, the Australian Steel Products segment is affected by softened export contributions and East Asian steel pricing. The company's operations in China and Southeast Asia face economic and operational challenges, respectively. The forecast is subject to changes in spread, exchange rates, and market conditions. Citi analysts have downgraded BlueScope鈥檚 rating from buy to neutral, noting volatility in commodity prices and the cyclical nature of BlueScope鈥檚 business. BlueScope's shares dropped 1.4%, closing at $20.90. The company will discuss its performance in an upcoming annual meeting on November 19.* 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.

Galvanized steel wire can be considered as a very important product used in all construction works. What is galvanized steel wire? Why is it commonly used in everyday life?In the article below, we invite you to join AG真人游戏 Steel to learn basic information as well as common applications of galvanized steel wire.What is galvanized steel wire? Let's find out through the article belowWhat is galvanized steel wire?What is galvanized steel wire? Galvanized steel wire is a type of steel wire that has a shiny white color, high toughness, and durability and is a product widely used in the fields of electricity, industrial production, and construction. Galvanized steel wire is usually produced from low-carbon steel through a process of heating and drawing into wire. Galvanized steel wire is usually very small in size, thin, and rolled into large coils for easy transport. Galvanized steel wire features a smooth or ribbed surface, with average production diameters from 0.4mm to 14mm. The average weight of a roll of galvanized steel wire usually ranges from 200 to 459 kg/roll.Galvanized steel wire is widely used in everyday lifeClassification of galvanized steel wireThe above section has given you information about what is galvanized steel wire? Next, we invite you to learn about the popular types of galvanized steel wire.Currently, galvanized steel wire is classified based on the galvanizing method. Therefore, galvanized steel wire is divided into two main types: hot-dip galvanized steel wire and electrolytic galvanized steel wire. Currently, zinc plating is produced with matte or gloss plating technology according to standards TCVN 2053, JIS G305, ASTM A475 or according to customer requirements. For everyone to better understand these two types of galvanized steel wire, please follow the classification table below.Classification table of 2 main types of galvanized steel wireClassificationElectro galvanizedHot-dipped galvanizedMethod Spray the coating directly onto the surface of the material.Dip the processed product into the bath of hot zinc solution.AdvantageThe plating layer has high adhesion and does not affect the product shape.The plating layer has uniform thickness, is shiny, and is not rough.DisadvantageThe zinc layer only touches the outside surface, but on the inside, the galvanized layer will be difficult to reach.Plating time is longer than electro galvanizedPrice Cheaper than hot-dip galvanizedHigher price than electro galvanizedAdvantages of galvanized steel wireGalvanized steel wire is increasingly used not only in the construction industry but also in other industries. So why is galvanized steel wire so commonly used? Let's find out below.High applicability: Galvanized steel wire is used in many industries such as construction, handicrafts, industry,...Corrosion resistant: The outer galvanized layer increases the oxidation resistance of the steel wire, making it difficult for the steel wire to corrode and extending the product lifespan.Low cost: The cost of galvanized steel wire is often cheaper than aluminum or copper wire. Therefore, they often bring lasting economic value to users.Long lifespan: Galvanized steel wire has a lifespan of over 50 years in normal weather conditions and 20鈥�25 years in environments with many corrosive substances, such as industrial parks, coastal areas,...Galvanized steel wire is plated with an outer layer of zinc to help protect the product betterApplication of galvanized steel wire As an essential material in the construction field, along with serving human life, galvanized steel wire is found almost everywhere around us. Here are a few applications of galvanized steel wire:Application in the construction industry: Mainly widely used in the construction industry, such as reinforcing houses, apartments, swimming pools,...In civil use: used to bind goods, make barns for the livestock industry,...In production: used to weave types of mesh such as chain-link fencing, welded steel mesh,...Also used in industrial production, handicrafts, and other fields.Hot-dip galvanized steel wire is often used to make welded wire meshAG真人游戏 Steel - The best way to procure affordable galvanized steel wire from Vietnam for international marketsAG真人游戏 Steel is known as an enterprise specializing in providing galvanized steel wires from famous brands in Vietnam. AG真人游戏 Steel always puts customer satisfaction first, taking it as its operating motto. Accompanying AG真人游戏 Steel, you will receive:High-quality products with a low price.Experienced and enthusiastic staff.Fully meet the essential needs that customers set out within the allowable range.AG真人游戏 Steel has provided you with information about what is galvanized steel wire and its applications in life. If you need to buy galvanized steel wire, please contact us via Whatsapp (+84) 769 112 358 or leave your information here, we will contact you as soon as possible. To stay updated on market news and the global steel situation, readers can explore more in-depth, valuable articles in the Steel News section of AG真人游戏 Steel!

In this week鈥檚 AG真人游戏 Steel report, we dive into recent shifts in global steel prices, focusing on the impact of fresh anti-dumping policies from countries like South Korea, Turkey, and the EU.These measures reflect a growing trend of market protectionism, affecting both price and supply dynamics.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermChinaHRCViet Nam490-498CFR Viet Nam 鈥� Nov/Dec shipmentChinaHRCViet Nam500-503CFR Viet Nam 鈥� end Nov/Dec shipmentChinaHRCViet Nam515CFR Viet Nam 鈥� Dec shipmentChinaHRCViet Nam510-515CFR Viet Nam 鈥� end Nov/Dec shipmentJapanHRCViet Nam545CFR Viet Nam 鈥� Dec shipmentChinaWire RodViet Nam490-495CFR Hai Phong/Ho Chi Minh 鈥� Dec shipmentIndonesiaWire RodViet Nam525-530CFR Viet NamThailandWire RodThailand525CFR Thailand 鈥� Dec shipmentMalaysiaWire RodThailand520CFR Thailand 鈥� Dec shipmentChinaWire RodPhillipines505-510CFR Manila 鈥� Dec shipmentIndiaHRCIndia553-565EXW Mumbai for IS2062/E250 BR gradeTurkeyHRCTurkey600-610EXW Turkey 鈥� Nov/Dec shipmentChinaHRCTurkey540-550CFR Turkey (rumor) 鈥� Nov/Dec shipmentRussiaHRCTurkey555CFR Turkey 鈥� Nov/Dec shipmentVietnamHRCGlobal540FOB 鈥� Nov/Dec shipment 鈥� no deal yetEUHRCEU615-637EXW Germany 鈥� Nov/Dec shipmentItalyHRCEU604-615EXW Italy 鈥� Nov/Dec shipmentEUHRCEU583-604EXW Germany 鈥� tradable valuesItalyHRCEU572-594EXW Italy 鈥� tradable valuesEUWire RodEU620ex-works 鈥� Drawing-quality wire rod (rumor)EUWire RodEU610ex-works 鈥� Mesh-grade wire rod (rumor)EgyptWire RodEU626-637CFR Rotterdam 鈥� limited impactUSHRCUS804EXW 鈥� Nov/Dec shipmentMexicoHRCMexicoDropping trendEXW 鈥� closely linked to US marketEgyptHRCEU615-621CFR EU main ports 鈥� Dec shipmenThis week saw several notable developments in global anti-dumping (AD) policies impacting the steel industry. South Korea officially launched an AD investigation on stainless steel plates imported from China, following claims from domestic manufacturers of unfair competition due to low-priced imports. Preliminary results are anticipated within three months, potentially affecting import duties and subsequent pricing鈥�.Turkey also made headlines by implementing AD duties ranging from 15% to 43% on steel imports from China, Russia, India, and Japan. This decision reflects Turkey's response to rising steel imports and aims to stabilize its domestic market amid ongoing trade disputes between China and the EU, where similar protective measures are in place鈥�.The European Union is weighing an extension of its steel safeguards through 2026. This strategy is part of the EU鈥檚 efforts to curb the impact of low-priced imports on its market, accompanied by environmental reviews on the steel production process in several European countries鈥�.These developments reflect increasing global measures to protect domestic steel industries, contributing to price volatility and supply adjustments that market participants are closely watching.* 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.

Welcome to the latest edition of the Steel price index 鈥� 2024/10/12-19 from AG真人游戏 Steel, where we deliver an in-depth analysis of recent price movements within the steel industry.This report offers valuable insights into the fluctuations across global steel markets and various product categories. Stay informed with the latest trends and developments shaping the international steel market, ensuring that you are prepared for changes in this dynamic industry.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermChinaQ195 HRC of 3mm baseViet Nam492-500CFR Viet Nam 鈥� Nov/Dec shipmentChinaQ235 HRCViet Nam500-510CFR Viet Nam 鈥� Nov/Dec shipmentChinaSAE1006 50% 2mmViet Nam515CFR Viet Nam 鈥� Nov/Dec shipmentChinaSAE 1006 50% 2mmViet Nam510-515CFR Viet Nam 鈥� Nov/Dec shipmentJapanSAE 1006Viet Nam535CFR Viet Nam 鈥� Nov/Dec shipmentChina6.5mm wire rod meshHai Phong/Ho Chi Minh505-510CFR Hai Phong/Ho Chi Minh 鈥� Nov/DecIndonesiaWire RodThailand540CFR Thai Lan -Nov/Dec shipmentChinaWire RodManila505-510CFR Manila 鈥� Nov/Dec shipmentIndiaHRCIndia575-585EXW MumbaiTurkeyHRCTurkey600-620EXW Turkey 鈥� Nov/Dec shipmentRussiaHRCTurkey555CFR Turkey 鈥� Nov/Dec shipmentGCCSAE 1006 HRCGCC605CFR GCC ports 鈥� Nov/Dec shipmentIndiaSAE1006 HRCGCC570-580CFR  GCC ports 鈥� Nov/Dec shipmentEUHRCEU630-652CFR EU main port 鈥� Nov/Dec shipmentEUHRCItaly619-630EXW Italy 鈥揘ov/Dec shipmentVietnamHRCEU540-550FOB CFR EU ports 鈥� Dec shipmentUSHRCUS720-750EXW 鈥� Nov/Dec shipmentMexicoHRCMexico751CFR Mexico domestic deliveryVietnamHRCMexico620-625CFR Mexico portsLast week, steel prices in Vietnam continued to fluctuate, primarily influenced by global market conditions. The import price of HRC from China recorded a slight decrease, with offers ranging from 492-510 USD/MT CFR Vietnam for shipments scheduled in November and December. However, many experts forecast that steel prices will rebound by the end of the year due to increasing demand in the construction sector.According to a report from SteelOrbis, global steel prices are also under pressure, primarily due to declining demand from major manufacturing plants, especially in China. Nevertheless, with stimulus policies from the Chinese government to support the construction industry, the market is expected to recover in the first quarter of 2025.The steel market in Southeast Asia, particularly in Indonesia and Thailand, shows signs of recovery as demand from infrastructure projects rises. However, steel prices remain high due to production costs and raw material prices. Experts warn that without timely measures, the market could face steel shortages by the end of the year.* 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

The steel industry in Vietnam has witnessed significant growth in exports to the US market, demonstrating its competitive ability and reliability on the international stage. In the first 7 months of 2024, the US was the largest export market for Vietnamese steel, with 1.11 million tons, generating a revenue of 923 million USD, a 91.3% increase from the previous year. This strong signal indicates the potential for expanded trade relations between the two countries in the near future.Vietnam's steel exports to the US soar, showcasing strong trade growth and future opportunitiesChallenges and opportunitiesDespite challenges such as anti-dumping investigations by the US International Trade Commission, Vietnam has not only maintained but also strengthened its position in the global market. This is thanks to the growth in exports of corrosion-resistant steel products and oil country tubular goods (OCTG), showcasing advanced production capabilities and technology. Specifically, the US imported over 11,000 tons of OCTG products in August 2024 and 565,400 tons of CORE products in the first eight months of the year.According to the US Department of Commerce, in August alone, Vietnam exported 139,800 tons of coated steel, nearly half of which 65,200 tons were hot-dip galvanized coil products, along with 38,100 tons of other metal-coated flat steel products.Forecasts and prospectsThe Vietnam Steel Association (VSA) predicts that domestic steel consumption will increase by 6.4% to nearly 21.6 million tons. At the same time, exports of finished and semi-finished steel products are expected to grow by 12%, reaching nearly 13 million tons, further strengthening Vietnam's position on the global steel map.This impressive growth is supported by significant expansion plans in the Vietnamese steel industry. By the end of 2025, Vietnam will add an annual production capacity of 6.5 million tons of crude steel. Vietnamese steel manufacturers will also continue to implement previously announced projects and plan new facilities.Vietnam's steel industry thrives amid challenges, driving export growth and expanding global presenceIn September 2024, the phase 2 project of the Hoa Phat Group鈥檚 integrated steel plant in Nong Quy, Quang Ngai province is expected to complete the installation of a hot strip mill with a capacity of 5.5 million tons per year. The mill can produce sheets ranging from 1.2-25.4mm in thickness and hot coils from 900-1650mm in width. Once installation is completed, the Hoa Phat Group will begin cold trials and machine calibration, with hot trials expected by the end of the year. The production facility will also be equipped with two 2,500m3 blast furnaces (2.5 to 2.8 million tons/year) and a steel conversion workshop, including two continuous slab casters (total capacity of 6 million tons/year). The trial operations will be carried out in two phases: the first phase will be completed in early Q1 2025 and the second phase equipment will start operating in Q4 2025.The strong increase in Vietnam's steel exports to the US not only reflects the superior production capacity and high adaptability of the Vietnamese steel industry but also proves the commitment and continuous efforts to expand the market and improve product quality. This clearly shows that Vietnam is not only a trade bridge but also a reliable steel production partner globally. If customers are interested in learning more about the export process and the import benefits of Vietnamese steel, please contact AG真人游戏 Steel via Email: [email protected] or Whatsapp: +84 769 112 358 for the best support.

Welcome to the latest Weekly Steel Market Update by AG真人游戏 Steel, where we offer a thorough analysis of the steel industry鈥檚 most recent price movements. This report provides essential insights into the fluctuations observed across global steel markets and various product categories. Stay ahead of the curve by diving into the trends and developments shaping the international steel landscape, ensuring you remain informed and ready for shifts in this dynamic sector.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermChinaQ195 HRC 3mmVietnam520-525CFR Vietnam 鈥� Nov/Dec shipmentChinaQ235 HRCVietnam525-530CFR Vietnam 鈥� Nov/Dec shipmentChinaSAE1006 50% 2mmVietnam540CFR Vietnam 鈥� Nov/Dec shipmentChinaSAE1006 50% 2mmVietnam530-540CFR Vietnam 鈥� Nov/Dec shipmentTaiwanSPHC/SS400/SAE1006 鈮�2mmVietnam575CFR Vietnam 鈥� Nov/Dec shipmentIndonesiaSAE1006Vietnam540CFR Vietnam 鈥� Nov/Dec shipmentJapanSAE1006Vietnam545-550CFR Vietnam 鈥� Nov/Dec shipmentChinaWire rod 6.5mm mesh qualityVietnam510CFR HP/HCM 鈥� Nov/Dec shipmentIndonesiaWire rod 6.5mm mesh quality(Not specified)520FOBIndonesiaWire rodThailand520FOBChinaWire rodThailand530CFR Bangkok 鈥� Nov/Dec shipmentIndiaHRC IS2062/E250 BRIndia575-585EXW MumbaiTurkeyHRCTurkey600-620EXW 鈥� Nov/Dec shipmentChinaHRCTurkey565-575CFR Turkey 鈥� Nov/Dec shipmentRussiaHRCTurkey550-560CFR Turkey 鈥� Nov/Dec shipmentTurkeyWire rod mesh quality(Export)620-625FOB TurkeyChinaSAE1006 re-rolling grade 2mmGCC600-615CFR GCC ports 鈥� Nov/Dec shipmentChinaSS400/S235JR 3mmGCC580-590CFR GCC ports 鈥� Nov/Dec shipmentChinaA36/Q195/Q235 3mmGCC565-575CFR GCC ports 鈥� Nov/Dec shipmentGermanyHRCGermany613-657EXW Germany 鈥� Nov/Dec shipmentItalyHRCItaly591-613EXW Italy 鈥� Nov/Dec shipmentTurkeyHRCEU635-646CFR EU main port 鈥� Nov/Dec shipmentIndiaHRCEU640CFR EU main port 鈥� Nov/Dec shipmentTaiwanHRCEU602-613CFR EU ports 鈥� Nov/Dec shipmentKoreaHRCEU613-624CFR EU main ports 鈥� Nov/Dec shipmentJapanHRCEU607-618CFR EU main ports 鈥� Nov/Dec shipmentEgyptWire rodEU (Rotterdam)635-646CFR RotterdamUSAHRCUSA804EXW 鈥� Nov/Dec shipmentUSAHRCUSA804EXW 鈥� Nov/Dec shipmentUSAHRCUSA793EXWKoreaHRCUSA (Houston)727-749DDP HoustonMexicoHRCMexico738EXWChina's steel pricing influence China's steel prices, particularly for HRC, have seen volatility due to a mix of domestic challenges and export pressures. A slowdown in China鈥檚 construction sector, especially in the property market, has led to surplus steel production. Moreover, China's ongoing struggles with excess capacity and slower-than-expected recovery in domestic demand contribute to this downward pressure on prices鈥�.Impact of trade policies Trade measures like anti-dumping duties are playing a significant role in the steel market. These policies can lead to price hikes for local buyers as they reduce competition from lower-cost imports鈥�. Similar duties are being applied in Europe and Turkey, which are affecting trade dynamics and could drive prices up in those regions鈥�.Energy costs and secarbonization The steel industry globally is grappling with high energy costs, especially coking coal, which has risen by 50% in 2024鈥�. Steel producers, particularly in Europe and Japan, are facing squeezed margins as input costs rise while demand softens in construction and manufacturing. This has resulted in price disparities across regions - Europe and Japan have higher prices compared to China and Southeast Asia鈥�.Near-term price trends Analysts are forecasting a further decline in global steel prices towards the end of 2024 and into mid-2025. This is attributed to both excess capacity, particularly in China, and slower global economic growth. While Europe and the US may see some price stabilization due to production cuts and energy transitions, Asia could continue facing lower prices due to surplus exports鈥�.* 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.

Vietnam is undergoing a period of robust economic development as it ascends to become one of the world's leading steel-producing nations. This has precipitated a global surge in demand for Vietnamese steel. Consequently,  what documents and import procedures are included to import steel from Vietnam?In this article, AG真人游戏 Steel would like to share about the procedures of importing steel from Vietnam. We invite readers to follow the main content below.Describing the procedures of importing steel from VietnamDetermine the type of imported steelFirst, it is imperative to ascertain the Harmonized System (HS) code of the imported steel product, the quantity to be procured, and the specific technical attributes of the product. Is that item included on the list of import restrictions or import prohibitions?The first step is to identify the steel products that need to be importedExecute the sales contractAfter determining the item to buy, the importer needs to find a supplier, sign a sales contract, and determine the shipping method and delivery method according to incoterms rules. A payment contract is a contract that shows the transaction between two parties. This is a document that will often be required in all sets of documents throughout the goods clearance process. The contract content should include information including: name, quantity of goods, weight, packaging specifications,...Sales contract between exporter and importerCheck import documentsTo import a shipment, the importer needs to prepare the necessary documents and vouchers to carry out import procedures. These documents are required by customs authorities to check and confirm the import rights of goods. Below is a list of main documents required in the import dossier set.Customs declaration: This is a document that registers detailed information about imported goods, including information about origin, value, and other requirements.Sale contract: This contract is signed between the buyer and the seller to determine the terms of the steel purchase transaction.Packing list: This is a detailed list of packing units, quantity and weight of imported goods.Commercial invoice: This invoice provides information about the value of imported goods and other information related to payment.Bill of Lading (B/L): This is an important shipping document, confirming the transportation of goods from origin to destination and proving ownership of the goods.Certificate of Origin (C/O): For some types of steel, a certificate of origin may be required to identify the origin of the goods to enjoy preferential tariffs.Other related documents: Depending on the importing country, other related documents will be required.Above is information about the necessary documents to import steel products from Vietnam. However, if you import steel through AG真人游戏 Steel, our staff will assist you with the documents.The commercial invoice is a particularly important document when carrying out import proceduresReceive Arrival NoticeFrom 1 to 2 days before the ship arrives, the shipping company will send a notification of arrival via email to the importer. After receiving notification of goods arrival, the importer will proceed with customs declaration.Sample of arrival noticeCustoms declarationAfter fully preparing the documents and procedures, the importer needs to proceed with customs declaration to receive customs clearance. Presently, owing to the advent of digital applications, in certain countries, the customs declaration process can be conveniently registered online. Businesses are required to comprehensively complete all information on the declaration form.In many countries, importers can declare onlineGet Delivery OrderDelivery order is a document issued by a shipping company or specialized shipping unit. A delivery order is used to request a unit to store goods at a port or warehouse for the owner of the goods. Delivery orders can be made by the forwarder or the goods owner.Sample of delivery orderPay duties & complete customs proceduresFor imported steel products, importers need to pay taxes to complete customs procedures. At this time, the importer needs a C/O previously provided by the exporter to get preferential tariffs if the two importing and exporting countries have the same trade agreements. In addition, depending on some specific types of goods, businesses also have to pay additional duties, such as environmental duty and special consumption duty.Importers need C/O to get preferential tariffsReceive GoodsThis is the last step the importer needs to do after completing customs procedures and clearance. At this time, the importer needs to receive the goods and load them onto the vehicle to take them to the warehouse.Receive goods is the final step of the steel import proceduresAG真人游戏 Steel - Specializes in supporting steel imports from VietnamAG真人游戏 Steel is a company providing steel import services from Vietnam to steel importers around the world. With many years of experience in the steel field, we will help our partners import steel products from Vietnam quickly and professionally to save costs and quality. We believe that the services of AG真人游戏 Steel will meet the needs of customers because:Fast delivery time.Our professional staff will provide dedicated advice on products, documents, and procedures.Save time and money.AG真人游戏 Steel has provided you with information about the procedures for importing steel from Vietnam. However, if you import steel from Vietnam through AG真人游戏 Steel, the above processes will be optimized, helping you save time and money. Therefore, if you need to import steel from Vietnam, please contact us for advice and support.

One of the commonly used applications of galvanized steel coils is in the HVAC and air ducting. However, many people still do not clearly understand the applications and advantages of galvanized steel coils for HVAC and air ducting.In the article below, AG真人游戏 Steel will help you learn more about the application of galvanized steel coils in HVAC and air ducting.Galvanized steel coils are often used in HVAC systems and air ductingApplication of galvanized steel coils in the HVAC and air ductingIn addition to common applications commonly found in everyday life, galvanized steel coils are often used in HVAC and air ducting. However, what galvanized steel coil is used for in HVAC and air ducting is still unclear to many people. Below, AG真人游戏 Steel will tell you about the applications of galvanized steel coils in HVAC and air ducting.One of the applications of galvanized steel coils in HVAC and air ducting is as ventilation duct systems. Ventilation systems play a very important role in buildings, helping to ensure the circulation and exchange of fresh air from outside to inside, thereby helping to maintain air quality and comfort for users. Currently, galvanized steel coil is the most widely used material in ventilation duct construction because it has high corrosion resistance and aesthetic properties. Ventilation duct systems are often found in large factories, commercial centers, and parking garages. In addition, galvanized steel coil can also be used as an insulation support material in ventilation duct systems, as it can withstand the weight of the insulation and help maintain the original shape of the duct wind.The ventilation system is installed outdoorsAdvantages of galvanized steel coils for HVAC and air ductingAesthetics: One of the unforgettable advantages of galvanized steel coils is high aesthetics. The application of galvanized steel coils in HVAC and air ducting helps the product have a shiny, smooth surface and is easy to clean.High durability: One of the first advantages when mentioning galvanized steel coil products is high durability. The use of galvanized steel coils in HVAC and air ducting helps increase bearing capacity, resist mechanical impacts, and protect the inner steel layer for a long time against environmental impacts.Corrosion resistance: One of the outstanding advantages of galvanized steel coils is their high corrosion resistance. Using galvanized steel coils for HVAC and air ducting industry projects helps to highly limit corrosion resistance and maximize product life.Ventilation system is made of galvanized steel with a smooth surfaceAG真人游戏 Steel - Vietnam's leading galvanized steel coil supplierAG真人游戏 Steel is one of the leading galvanized steel coil suppliers in Vietnam. With more than 12 years of experience in the steel industry, along with a team of experienced personnel ready to advise and serve 24/7, we are committed to bringing you quality products at competitive prices. At AG真人游戏 Steel, we are dedicated to providing customer service and support, which has helped AG真人游戏 Steel become a companion to many partners.We cooperate with leading steel manufacturers in Vietnam, such as Hoa Phat, Ton Dong A, Hoa Sen, TVP,... Currently, products exported by AG真人游戏 Steel have appeared in many countries and regions. Territories such as Mexico, America, Australia, Indonesia, Malaysia,... If you need to import galvanized steel coils in particular and other types of steel in general, please contact us via Whatsapp (+84) 76 911 2358.AG真人游戏 Steel has provided you with information about the applications of galvanized steel coils for HVAC and air ducting. Follow AG真人游戏 Steel to update more useful information.

Welcome to the Weekly Steel Market Update from AG真人游戏 Steel. In this comprehensive report, we provide a detailed analysis of global steel prices, offering insights into price fluctuations across key markets and product categories. We invite you to explore the latest trends and market developments, keeping you well-positioned in the ever-evolving international steel sector.Exporting CountryProductImporting CountryPrice (USD/MT)Trade & Shipment TermChinaHRC Q195Vietnam495-496 CFREarly Nov ShipmentChinaHRC Q235Vietnam496-499 CFREarly Nov ShipmentChinaHRC SAE1006 50% 2mmVietnam500-505 CFROct/Early Nov ShipmentChinaWire rod 6.5mm meshVietnam498 CFRNov ShipmentIndonesiaWire rod 6.5mm meshVietnam502 CFRNov ShipmentKoreaHRC SAE 1006Vietnam500-510 CFRNov ShipmentJapanHRC SAE 1006Vietnam505-510 CFRNov ShipmentJapanWire rod 6.5mm meshThailand502 CFRNov ShipmentChinaWire rod 6.5mm meshThailand480-490 CFRNov ShipmentIndonesiaWire rod 6.5mm meshThailand498 CFRNov ShipmentThailandWire rodThailand500-505 CFRNov ShipmentChinaWire rodPhilippines485-490 CFRNov ShipmentMalaysiaWire rodPhilippines500-505 CFRNov ShipmentPhilippinesWire rodPhilippines485-490 CFRNov ShipmentChinaHRC IS2062/E250 BRIndia568-580 EXWEXW MumbaiIndiaHRCTurkey570-575 EXWEXW PriceTurkeyHRCTurkey485-495 CFRCFR TurkeyRussiaHRCTurkey485-495 CFRCFR TurkeyIndiaHRC S235Turkey530-535 FOBFOB IndiaChinaHRC SAE 1006GCC525-530 CFRNov ShipmentChinaHRC SS400/S235JRGCC515-520 CFRNov ShipmentChinaHRC A36/Q195/Q235GCC500-505 CFRNov ShipmentIndiaHRC SAE 1006EU585-590 CFRNov ShipmentEUHRCEU625-642 EXWEXW GermanyEUHRCEU614-625 EXWEXW ItalyEUHRCEU570 CFRCFR EU PortEUHRCEU530-550 EXWCFR EU PortTurkeyHRCEU540-560 EXWEXW ItalyIndiaHRCEU530-535 CFRCFR AntwerpTaiwanHRCEU575-585 CFRCFR EU PortChina鈥檚 export strategy and price fluctuationsThe prices of Chinese HRC for different grades (Q195, Q235, SAE1006) range from $495 to $505 CFR for the Vietnam market, indicating a slight increase over recent weeks. This price rise can be attributed to China's ongoing efforts to stabilize their steel market amidst oversupply and regulatory pressures. However, these adjustments also reflect China's strategy to maintain competitiveness in international markets by keeping prices attractive for key importers like Vietnam鈥�.The Chinese domestic and export wire rod prices also remain competitive in different ASEAN regions, such as Thailand and the Philippines, with offers varying between $485 and $505 CFR.Korean and Japanese competitivenessKorean suppliers like Hyundai, Dongkuk and Posco have set HRC SAE1006 prices in the range of $500-510 CFR for Vietnam, while transactions have been heard at around $490 CFR. This pricing indicates that Korean mills are aiming to stay competitive against Chinese offerings, adjusting prices to maintain market share in Southeast Asia.Japanese HRC prices for SAE1006 remain slightly higher ($505-510 CFR) with potential transaction prices of $500 CFR for the Vietnam market. This suggests that Japanese suppliers are maintaining a premium over Chinese and Korean offerings, possibly leveraging their perceived quality and consistency.India鈥檚 domestic price drops and anti-dumping measuresIndia's JSW and Tata have dropped domestic HRC prices (IS2062/E250 BR) to around $568-580 EXW Mumbai, likely due to subdued domestic demand and the impact of regulatory challenges, including import restrictions and BIS licensing issues.Furthermore, anti-dumping measures against Indian imports in regions like Turkey (11.65% margin on Tata Steel) and the EU are influencing India鈥檚 export strategy and competitiveness.Europe's steel market dynamicsThe European HRC market has been under pressure from oversupply, with tradable values declining to around 鈧�540-560 EXW Germany and 鈧�530-550 EXW Italy. Demand in key steel-consuming sectors remains low and the competition from external imports has pushed European mills to reduce prices. This situation is aggravated by the ongoing anti-dumping investigation against imports from Egypt, India, Japan and Vietnam, which affects the volume and price dynamics of HRC in Europe.Turkey's Erdemir and other mills are offering at around 鈧�510/mt ($570 CFR), indicating their attempt to remain competitive despite the downward pricing trend in the EU.* 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.