Domestic mart lifts Chinese flat steel export offers

Jul 30, 2009 | 12:10 PM |

Rising domestic Chinese market prices are propelling export tags for flat steel products higher, but with few takers.

Chinese export offers on cold-rolled coil and hot-dipped galvanized product have surged $20 this week, mill and trader sources said, putting cold-rolled coil export offers at $670 per tonne f.o.b., while those for hot-dip galvanized coil have climbed to $700 to $710 per tonne.....

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