Final Fight On June Hot Coils For Korea At 950 dollars FOB Level

摘要

Negotiations on hot rolled coils for Korea have been entering into the final stage of a battle over at the 950 dollars FOB level for June shipment. Negotiations are expected to be settled at end of this week or next week. Hot coil business for Korea did not go back and forth for April/May shipment because it was not certain when POSCO raised their prices, and each customer of Korea had kept a wait-and-see stance.