International news
It is said that some steel mills in China have raised their quotation for the commercial coil exporting volume to US $ 430-435 / ton(FOB). Vietnam buyers can accept about US $ 425 / ton (CFR) and it takes them time to accept higher prices. The customer from Korea is waiting and see.
Chinese cold rolled steel base expect Vietnam at $ 440-450 / ton (CFR). The buyers bid at $ 430-435 / ton (CFR), Japan and South Korea price offer is much higher than China offers, respectively, respectively reach to $ 500 / ton (CFR) and $ 520 / ton(CFR).
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Henan BEBON Iron&Steel co.,ltd.