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China’s heavy plate export quotes to South Korean continue falling
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It’s reported that China’s export quotes of heavy plates to South Korea have continued falling recently.
At present, the Chinese steelmakers’ quotes of heavy plates are at US$610/ton CFR.
For the prospect, industry sources said that the Chinese steelmakers might not cut the heavy plate export prices further in the near future in order to avoid loss even though the prices of raw materials such as scrap and iron ore are falling.
News Date
6/14/2012 11:20:37 AM
reported by
Ben Gu
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