Chinese H-beam exporters cut offers by $30/T
Aug 25, 2009 | 09:21 AM
|
Chinese H-beam exporters have cut their latest offers on the back of falling prices in the domestic market, mills and traders said.
These latest offers were quoted at $590 to $620 per tonne f.o.b., down from $620 to $650 previously, market participants said.
"We are now offering small-sized H-beams at around $600 per tonne f.o.b., with an extra $20 to $30 per tonne for big-size material," the export director of a steel mill in Shandong said. "There's been some contracts at the latest level, but the quantity remains small."....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here