Japanese Export Talks On Q3 Asian Deals For HR Coils

摘要

Japanese integrated steelmakers are expected to start negotiations in the week of May 24-30 on deals of their HR coil exports to Asian destinations for shipments in the July-September quarter, a somewhat slower start-up than usual. In the background are factors such as a fall in China's domestic HR coil market, a predominant wait-and-see attitude among various customers in Southeast Asian nations, and uncertain prospects of price negotiations on the Japanese steelmakers' imports of iron ore and coking coal in the July-September quarter.