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Asian Hot Rolled Coil Market Price Increase Slightly

International news

It is said that some steel mills in China have raised their quotation for the commercial coil exporting volume to US $ 430-435 / ton(FOB). Vietnam buyers can accept about US $ 425 / ton (CFR) and it takes them time to accept higher prices. The customer from Korea is waiting and see.
Chinese cold rolled steel base expect Vietnam at $ 440-450 / ton (CFR). The buyers bid at $ 430-435 / ton (CFR), Japan and South Korea price offer is much higher than China offers, respectively, respectively reach to $ 500 / ton (CFR) and $ 520 / ton(CFR).

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