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China’s H beam export quotes to South Korea drop further
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Recently, China’s export quotes of H beams to South Korea have dropped further.
At present, the quotes of small-size H beams offered by Chinese steelmakers to South Korea are at US$600~US$610/ton CFR and that of medium-size H beams is at US$700~US$710/ton, falling by US$15~US$20/ton from a month earlier respectively.
It’s analyzed that the China’s decreased export quotes of H beams were caused by the depreciated currency and weak domestic selling prices.
News Date
6/26/2012 1:50:00 PM
reported by
Ben Gu
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