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ContactChina's HRC price drop again
HRC price of China will reduce in May, 2009
As forecast, the HRC market of China will slide again. Baosteel informed to their domestic customer about their plan. They are going to descrease about RMB200/ton for May, 2009. Other company, Wisco, will also reduce HRC price in May.
For Anshan Iron & Steel Group, the HRC price is remain changeless in May because they reduce about 80USD/MT in April, more than Baosteel's reduction.
For Anshan Iron & Steel Group, the HRC price is remain changeless in May because they reduce about 80USD/MT in April, more than Baosteel's reduction.
Author: Tran Hong An,
Source: Yieh