SteelOrbis presents over 200 weekly steel reference prices and 14 price indexes for various steel products. These reference prices are derived from actual business transactions from North American, Northern & Southern European, Turkish, and Asian steel markets. XNHR001 - CME Nymex HRC Futures (20s.ton lots) - 1 month settlement, $/s.ton XNHR003 - CME Nymex HRC Futures (20s.ton lots) - 3 months settlement, $/s.ton Values are price indicators for orders placed during the month, for subsequent delivery. Prices may be nominal where insufficient transactions have occurred. Steel prices were trading around 3,400 Yuan/MT in March, still under pressure from the effects of the coronavirus outbreak in China, which has clouded the outlook for steel demand since late January. Prices are expected to recover in the second quarter of 2020 amid prospects that top consumer China would take further steps to support the coronavirus-hit economy while steel mills there are expected to resume operations after the COVID-19 situation subsides.