Latest News |
| Henan Jiyuan I&S orders Danieli EWR to upgrade its bar mill 03 August 2020 |
| INTERVIEW: JSPL's steel export thrust to taper amid Indian market recovery 03 August 2020 |
| New slab grinder plant operating at Posco Pohang, Korea 03 August 2020 |
| China July steel PMI slipped marginally to 49.2% 03 August 2020 |
| CIS billet exports slow, but prices yet higher 03 August 2020 |
 |
 |
 |
 |
China stops offering export prices
Posted on 05 October 2007
There were just a few suppliers offering the prices from last week, due to
The prices of hot rolled were quoted at US$600~605/ton C&F Taiwan before the holiday, US$660/ton for cold roller steel, US$680/ton for CGI, and US$620~630/ton for wire rod.
It is predicted the steel price will go up in the near future. First, the price of iron ore should rise in then next year. Second, the other cost including coke and freight is believed to raise. It is said that the 10 percent increase in steel price is in the range to react the cost.
YIEH, October 1, 2007