Import Window Opens Under the Rising Overseas Steel Prices

SHANGHAI, Feb 10 (SMM) - According to SMM research, the 39 steel makers in China exported a total of 875,000 mt of HRC in February, up 354,000 mt or 67.95 from last month. Many steel mills reported that in light of rising overseas steel prices, the export window is open and domestic steel mills are active in export orders of some steel mills can last until March. According to SMM research, the shipping schedule is mostly concentrated in March-April and thus the export volume of steel mills is expected to increase rapidly in the next two months.