The Chinese government's renewed crackdown on major ports has halted the supply of low-priced, VAT-free hot-rolled coils, forcing global buyers to face higher prices.
Sterling is coiling near the 1.2650 level against the greenback, with traders reluctant to commit ahead of the UK inflation report and the Federal Reserve’s interest rate decision ... The coiling ...
WIF is parked at $0.17 with top traders running a 62% long bias and aggressive buyers dominating real-time order flow — but the descending moving average structure is brutally bearish and spot volu(Read More) ... .
FLOKI is parked at $0.00002575 with momentum indicators drained of conviction and daily volume barely clearing $1 million on Binance — but InvestingHaven's 2026 target range of $0.000026–$0.000045 (Read More) ... .
Nucor Corporation, the largest steel producer in the US, increased its consumer spot price (CSP) for hot-rolled coil (HRC) by US$10 per short ton for the week ...
US steel producer Nucor has once again raised its spot price (CSP) for hot-rolled coil by $10 per short tonne compared to the previous week ... Nucor has been raising the spot price for hot-rolled coil every week since 27 January this year.
LTC is printing $44.96 with every major moving average stacked bearishly overhead and MACD momentum flatlined at zero — the setup screams distribution, not accumulation. Smart money is positioned 7(Read More) ... .
Global prices for hot-rolled coils showed mixed trends in May. In the European market, average monthly offers fell by 2–4%, whilst in China and the US there was a slight increase of 3–4%. EU. In Europe, average prices for hot-rolled coils fell in May ... .