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| TITLE |
Chinese HRC export price remains firm for South Korea |
| WRITER |
administrator |
DATE |
2009-12-03 11:13:07 |
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Chinese HRC export price remains firm for South Korea
03 Dec 2009
It is reported that Chinese steelmakers as Beigang and Shagang provide new export prices for their HRC shipped to South Korea next January.
According to the report by Steel Daily, Beigang bids USD 500 per tonne CFR while Shagang offers USD 525 per tonne CFR. However, South Korean importers still hold a wait and see attitude right now.
Insiders unveiled that "Import price of HRC is falling down dramatically for the moment and is likely to tumble further in the future. Hence, importers have to wait and see at this moment."
Resource from steelguru.com |
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