01
Jul
12:09
Chinese CRC, HDG export prices fall further
Due to declining upstream hot rolled coil demand and domestic spot prices, export prices for Chinese cold rolled coil and hot-dipped galvanised coil have kept falling over the week.
Offers given by smaller mills fell to about $900-920/tonne fob China, while major steelmakers were offering at much higher levels, Kallanish notes. Since they are asking for the risk of any change in the tax rebate changes to be borne by the buyer, Chinese companies have stru…
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Anonymous
Very good overview of the weekly steel market.
Anonymous