Asian HRC slips, Chinese mills cut offers to boost exports

摘要

Asian hot-rolled coil prices dropped Tuesday, as Chinese mills cut export offers to concludeexport bookings, which have remained sparse in the past few weeks even as domesticprices increased.S&P Global Platts assessed SS400 HRC 3 mm thick at $464/mt FOB China on Tuesday, unchanged day on day. On a CFR Southeast Asia basis, the same product was assessed at$470/mt, down up $2/mt from Monday.