Chinese steelmakers raise H section steel export quotes
It’s reported that the Chinese steelmakers have increased the export quotes of H section steel to South Korea since April, driven by higher input costs and surged domestic prices.
It’s said that Masteel hiked the export quotes of medium-size H section steel by US$30/ton.
After the adjustment, the export prices of the Chinese medium-size H section steel for June delivery have surged to US$760~US$770/ton CFR
News Date 11 Apr 2012 16:12:29 reported by Piper