Reportedly, the Japanese steelmakers recently started the price negotiation for steel wires for November/December deliveries with the Asian buyers. The Japanese steelmakers have sought to raise steel wire export prices by US$20~US$30/ton. Once the Japanese steelmakers hike price successfully, the export prices of most steel wire products will reach US$800/ton CFR. Industry sources indicated that the strong demand from the Asian automobile industry has supported the Japanese steelmakers to raise steel wire export prices.
Japanese Steelmakers Started The Price Negotiation for Steel Wires for November/December
2016-11-25 16:55 Visit:69