Chinese HRC Export Price Keeps Rising in South Korea

  • Wednesday, May 12, 2010
  • Source:

  • Keywords:HRC, export, steel
[Fellow]
 
 
It is reported that Chinese WISCO quotes USD 750 per tonne FOB for its rerolling grade HRC to South Korea recently and South Korean pipes producers have already placed orders with USD 725 per tonne FOB.
 
As per report, WISCO this export offer is now USD 10 per tonne to USD 20 per tonne higher than that by Bengang and Angang. Hence other Chinese mills are likely to hike their offers for July shipment in the future.
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