Friday, 11 Nov 2011
China's Baoshan Iron & Steel will cut its main product prices for December bookings, a move reflecting the weakness in steel demand in the final month of 2011.
The company plans to slash hot-rolled coil prices by CNY 200 per tonne (USD 32) and cold rolled coil prices by CNY 300 per tonne (USD 48), after it kept its main steel product prices unchanged in November from October.
Baosteel pricing is often seen as a barometer of China's steel industry.
(Sourced from Reuters)
Showing posts with label cold rolled coil. Show all posts
Showing posts with label cold rolled coil. Show all posts
Friday, November 11, 2011
Tuesday, February 15, 2011
Chinese CRC, HDG export offers rise further
Feb14, 2011
Chinese mills have further raised their export offers of cold rolled coil and hot-dipped galvanized coil in response to better demand and higher domestic prices. Typical export offers are at $880-890 per tonne fob for 1mm HDG, and $850 fob for 1mm CRC, an increase of $50-60 per tonne from January 19. Bookings are mostly at $860-870 fob for HDG, with base CRC....for more info visit www.metalbulletin.com
Tags: China , CRC , HDG , export , Shanghai bureau, cold rolled coil, hot-dipped galvanized coil, domestic prices
Chinese mills have further raised their export offers of cold rolled coil and hot-dipped galvanized coil in response to better demand and higher domestic prices. Typical export offers are at $880-890 per tonne fob for 1mm HDG, and $850 fob for 1mm CRC, an increase of $50-60 per tonne from January 19. Bookings are mostly at $860-870 fob for HDG, with base CRC....for more info visit www.metalbulletin.com
Tags: China , CRC , HDG , export , Shanghai bureau, cold rolled coil, hot-dipped galvanized coil, domestic prices
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