Home / Metal News / Aluminium / ASEAN HRC Steel import prices continue to drop to $541 a ton
ASEAN HRC Steel import prices continue to drop to $541 a ton
Jun 12,2014 14:36CST
industry news
Source:SMM
ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) continued to drop by $2 a ton week-on-week to $541 a ton in the week ended June 6th this year.

SINGAPORE June 12 2014 11:05 AM

SINGAPORE (Scrap Register): ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) continued to drop by $2 a ton week-on-week to $541 a ton in the week ended June 6th this year, as per the latest figures released by The Steel Index.

According to TSI, ASEAN HRC index slipped marginally last week after Chinese steel producers reduced offer prices for SAE grades to $545-550 a ton CFR ASEAN Port.

Japanese and S. Korean offers were heard closer to the $560 a ton mark CFR Vietnam and $580 a ton CFR Indonesia.

Demand from ASEAN regions is expected to suffer as a result of the political tensions in Thailand and upcoming Ramadan period in Indonesia.
 

The Steel Index

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

    timeApr 28, 2020 06:09timezoneCST
    timeApr 26, 2020 22:49timezoneCST
    timeApr 26, 2020 18:25timezoneCST
    timeApr 26, 2020 18:16timezoneCST
    timeApr 26, 2020 16:55timezoneCST
    timeApr 26, 2020 16:10timezoneCST
    timeApr 26, 2020 15:28timezoneCST
    timeApr 26, 2020 15:13timezoneCST
    timeApr 25, 2020 09:46timezoneCST
    timeApr 25, 2020 00:00timezoneCST