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ASEAN HRC Steel import prices rise sharply to $479 a ton
May 10,2016 09:31CST
industry news
Source:SMM
ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) rose sharply by $37 a ton week-on-week to $479 a ton in the week ended April 22.

SINGAPORE May 09 2016 4:44 PM     

SINGAPORE (Scrap Register): ASEAN  hot rolled cold (HRC) steel import prices (CFR ASEAN port) rose sharply by $37 a  ton week-on-week to $479 a ton in the week ended April 22, as per the latest  figures released by The Steel Index.

According to TSI, ASEAN HR coil benchmark  index closed the week at $479 a ton CFR ASEAN port, rocketing $37 a ton from  one-week ago.

SS400 grade HR coil was booked in the $470-480 a ton range  with buyers procuring material from a wide range of sources. Pipe makers in  northern Vietnam opted for Russian-origin HRC whilst SAE-grade HRC from Taiwan  concluded between $480-485 a ton.

Traders also offered Indian material  for July shipment at small discounts to Chinese offers though no bids were heard  at time of publication.


ASEAN hot rolled cold (HRC) steel import prices

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