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Early this week, the market for Australian coking coal remained the same. Suppliers are trying so hard to sell their stockpile.

Due to low domestic demand, strict credit conditions and decreased price for iron ore, the HR Coils produced by Shagang Group this March are being offer at a lower price.

Due to weak demand, Russian HR Flat Steel suppliers have failed to increase their price for March.

China Steel Corporation from Taiwan increased their prices by an average of 0.37% when for their April-May shipment.

China’s export of stainless steel flat products reached 248,114 tons in January, which is 19.1% compared from last December 2013, reports from Chinese customs sa

European heavy steel plate prices have remained unchanged, reports said. The price for heavy plate was increased by leading mills increased at EUR20-30/t but was not able to get deals because the price increase was not accepted in the market.