ASEAN HRC Steel import prices down to $272 a ton

Published: Dec 29, 2015 14:22

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ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) down week-on-week to $272 a ton in the week ended December 11, as per the latest figures released by The Steel Index.

SINGAPORE December 29 2015 10:47 AM

SINGAPORE (Scrap Register): ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) down week-on-week to $272 a ton in the week ended December 11, as per the latest figures released by The Steel Index.

According to TSI, ASEAN HRC index lost another $1 a ton to close the week at a new low of $272 a ton.

Chinese HRC offers remained stable between $270-275 a ton, while Taiwanese-origin HRC prices slightly increased to around $290 a ton, although discounts were available.

This brought prices for Taiwanese material on par with Japanese offers, currently at $285-287 a ton.

Lead-times lengthened by around 10 days compared to the last week, as buyers were arranging shipments to avoid deliveries during the Lunar New Year.

ASEAN hot rolled cold (HRC) steel import prices

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