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Chinese steelmakers raise H section steel export quotes

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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

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