IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
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Recently, the anshan iron and steel by converter smelting process, successfully produced more than 3 mm thickness, width of 1100 mm, carbon content up to 0.9% of the 9 sicr hot rolled wide strip, composition and performance fully meet the requirements of the technical agreement after inspection, trial has now been sent to all users.
Details>>The joint venture in Lao CAI province in Vietnam steel factory 21 completion ceremony, become the largest steel manufacturer in Vietnam now.
Details>>Southern region hot rolled and cold rolled coil manufacturing enterprise sale in domestic market price raised 10 euros/ton ($13 / ton). The southern region of hot roll factory price is 420-430 euros/ton, is higher than before the 410-420 euros/ton, price with the Nordic resources; Southern cold roll factory price is 490-510 euros/ton, is higher than before the 480-500 euros/ton; Southern Europe hot dip galvanized factory price is 455-510 euros/ton, slightly higher than the previous 455-505 euros
Details>>Implementation increases. On the Tokyo market at present, more than 19 mm (1524 x3480mm) level of SS plate quotation for 8.4 86000 yen/ton (785-803 dollars/ton), which do not conform to the Japanese industrial standard specification of SS level in thick plate quotation for 8.1 83000 yen/ton, the price has been stable since late last year. The main reason has the following two aspects.
Details>>this week, the American's sheet steel market continues to weaken, steel mills wants to use low prices to attract buyers purchase 4 quarter of resources. The current hot rolled steel mills of the American Midwest ex-factory price of $660 to $670 / ton, fell by $5 / ton, cold roll ex-factory price of $780 - $790 / ton, fell by $10 / ton. Part of the bulk trading may also exist the discount.
Details>>This week, hot galvanized steel sheet export price remained stable, India to the east coast of the United States of the 0.3 mm hot galvanized sheet clinch a deal the average price of $855 to $865 / ton (CFR), include freight 50 - $60 / ton. Some traders think the recent American should not hot galvanized steel sheet by India trade survey, so has gradually returned to the U.S. market quotation.
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