• Steel Market Insider

    We strive to let you one step ahead of the market

Steel News
Advanced search
    Key words
  • Search By
  • Date
  • Classification
  • Region
Advanced search

South Korean steel mills negotiating HRC import prices for March with overseas

  • A
  • A
  • A
South Korean mills are negotiating about the import price of hot rolled coil for March with other countries. Market sources believe that Chinese and Taiwanese mills have boosted their offer prices by around US$30/ton to US$680/ton C&F.

However, they could not expect if South Korean buyers such as Hysco and Posco would accept the latest prices because South Korean mills seem not to restart the negotiation of steel export. Those mills would suspend the steel shipment from other countries before solving the problem of excess order in the Q1 of 2012.

South Korean mills also attempt to cut their discounts to lift domestic steel prices, boosting the price to around US$711/ton.
News Date 04 Feb 2012 14:54:28 reported by Frank Hsu

Argentina's crude steel output down in Mar...
Industry activities
24 Apr 2015 10:34
Russia’s Evraz reduce crude steel output in Q1...
Industry activities
24 Apr 2015 09:48
China to invest $1.6 billion to build steel mill i...
Industry activities
23 Apr 2015 17:04
South Korea’s Hyundai Hysco plans to build hot sta...
Industry activities
23 Apr 2015 13:57
India remains world's 3rd largest steel producer...
Industry activities
22 Apr 2015 17:41
Most Popular