China's HR Offers Crashed justin a Week Turning Over and Over

摘要

Chinese HR Mills are lately fluctuating export offers while crashed to a large extent entering the second week of June, placing at $970 per ton cfr, $100 level per ton as down as the previous week. By mill, Jinan Steel boasting of high price competitiveness as yet suggested the level between $765 and 770 per ton, cfr, and Benxi Steel as well as Rizhao Steel matched to cut their offers sharply into Korea. One thing that catches eye is that domestic steel importers agreed to bear any additional expenses that might incur in the event that Chinese export taxes are increased just as lifted the VAT refund on steel export implemented earlier.