Home / Metals / POSCO may trim HRC Steel export prices to Japan
Stainless Steel Flanges

POSCO may trim HRC Steel export prices to Japan

It is reported that South Korean steel giant POSCO is likely to trim export prices of hot rolled coils steel to Japan by JPY 2,000 tonne to JPY 3,000 tonne for the Q1 of 2015.

Currently, Japan’s suppliers have planned to cut their prices by the similar range to offset cheaper import materials. POSCO will also reduce its supply of HRC to Japan due to the weakening yen.

According to Japan Iron & Steel Federation (JISF), Japan’s imports of HRC rose to 151,000 tonne in September, up by 12.5% from the previous month and soaring by nearly 51.5% from the same month of last year.

Source – metal

Zhejiang Yaang Pipe Industry Co., Limited

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Your email address will not be published.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