24
Nov
11:55
China’s HRC export market firms
Chinese hot rolled coil export prices have increased over the last week, brushing off the downturn that hit the domestic market last week. Demand in Southeast Asia remains subdued but some volume was concluded this week as buyers gave up hope of falling prices, Kallanish notes.
Mill offers were holding level but transaction prices increased this week for HRC. 10,000 tonnes of 2mm SAE1006B was heard traded at $490/tonne cfr Vietnam, meeting last week’s offe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous