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."....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results

AMM Events