Buyer reluctance keeps Asia ex.China steel trade subdued

摘要

Prices are falling in most Asian markets outside China, though the extent of decline varies. Japanese sheet export prices are down $70-100 /t m/m, while Southeast Asian steel prices are down by an average $27 /t m/m. In India, while domestic prices have been on a decline, HR coil export prices have stayed unchanged m/m as mills await government decision on the export tax.