Chinese Inquiries For More Than 100,000 Tons Container Grade HR Coils

摘要

Japan's integrated steelmakers have inquiries from China's major container manufacturers who want to import more than 100,000 tons of weatherproof HR coils for shipments in and after April 2006. The inquiries mark Chinese requirements of container grade HR coils from Japan for the first time in seven months since July 2005. Behind the inquiries this time are the repercussions of changing circumstances for China's container manufacturing sector, according to market sources. Among other things, the sources cite a recovery of the world's demand for containers and rising transaction prices of HR coils in China.