Home / Metals / ASEAN HRC Steel import prices drop further to $500 a ton
Stainless Steel Flanges

ASEAN HRC Steel import prices drop further to $500 a ton

ASEAN hot rolled cold (HRC) steel import prices (CFR ASEAN port) dropped further by $4 a ton week-on-week to $500 a ton in the week ended October 03, as per the latest figures released by The Steel Index.
 
As Chinese market participants prepared for the Golden Week holiday, ASEAN markets were relatively quiet, with only a limited number of trades closed early in the week. 
 
Chinese-origin SAE grades mostly traded near the $500 a ton (CFR ASEAN Port) mark, with some traders short-selling material slightly below this level. 
 

Japanese and S. Korean producers kept their offers unchanged from last week, hoping that absence of Chinese material will relieve some downward pressure on steel prices.

Source:Scrap Register

Yaang Pipe Industry

About www.nctv.net

www.yaang.com provide a wide range of steel products as Steel pipe, Steel pipes and seamless pipes, Alloy pipes, Pipe fittings, Composite steel pipe used in the industry, construction etc.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

Scroll To Top