22
Mar
11:49
Chinese HDG, CRC export prices merge in ASEAN
Export prices for Chinese-origin hot-dipped galvanized steel are touching those for cold rolled coil in Southeast Asia, Kallanish notes. This price distortion comes amid steel and raw material supply disruptions arising from the Russia-Ukraine war.
Annealed cold rolled 1mm base thickness coil from lower-tier mills in China is currently offered at $980/tonne cfr Manila. Offers for Z80 1mm base HDG are also now at $980/t cfr Manila, Philippine trading sour…
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Anonymous
Very good overview of the weekly steel market.
Anonymous