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International board volume increased demand for Chinese exports

Release Date:2012-05-05  Hits:160
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international markets increased demand for exports will also have an indirect role in boosting China coils. The U.S. market rapid increases in steel have a certain allure to the Commonwealth of Independent States, South Korea and China Taiwan, anti-dumping hot rolled can not be directly exported to the U.S. world pie network information . However, if South Korea is more hot rolled to the U.S., China boron opportunity to expand South Korea's exports of hot rolled. European market rally is less than the U.SWorld Steel Pipe . prices in China are not very attractive. Late import demand in India and Southeast Asia recovery, China's steel exports this year, still has a chance.


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view of the iron ore and coking coal raw material prices as well as increased international demand, the major international steel mills have raised steel ex-factory price, the U.S. steel price adjustment frenzied, nearly two months New Zealand Ke steel companies have raised six times in a row coil price, if accepted by the market, the U.S. sheet prices rose to its highest level since November 2008. European steel mills also announced the increase in the second quarter sheet prices, ArcelorMittal rose up to € 90 / t. Regions is bound to drive steel prices higher export prices of the international board volume, said that U.S. users are more willing to import from the CIS, even up to 3,4 months of delivery.


With the increase of international procurement activities, market participants short-term international coils export market is more optimistic about future export quotations to rise further.


Russian and Ukrainian steel coil export offer up more than $ 100 / t. As of last week, the export price of Russian and Ukrainian coils compared with December last year the same period, or more than one hundred U.S. dollars / ton, the current 2 per month resources are close to sold out. Novolipetsk Iron and Steel Company, the export price of hot rolled up to $ 740 / t (Black Sea FOB), cold $ 850 / t (Black Sea FOB), Maanshan Iron & Steel hot rolled 700-720 U.S. dollars / ton (Black Sea FOB), Severstal The steel mills of more than $ 700 / t (Black Sea FOB). Ukraine's Ilyich and Zaporozhye steel mills seek higher export of coils offer. Now hot rolled coil export price of 700-720 U.S. dollars / ton (Black Sea FOB), cold rolling of 810-830 U.S. dollars / ton (FOB) exports most of the coils to the United States, Eastern Europe and Asia.


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Asia, the Japanese steel mills Korea a quarter of the export price of hot rolled close to $ 750 / ton (FOB), and may seek further price increases. Affected by the Queensland floods, Japan's domestic steel coking coal supply has been tight and bullish domestic steel prices, Nippon Steel has notified the user to seek a further rise in hot rolled flat products price $ 61 / t in January. South Korea's POSCO exports of hot rolled quotation rose to 710-730 U.S. dollars / ton (FOB), new hot-volumes offer Chinese steel mills will be raised to about 700 U.S. dollars / ton (FOB), last week boron exports of hot rolled quotation at around 675-680 U.S. dollars / ton (FOB). China Steel, Taiwan, China shipped in March exports of hot rolled coil price increase of U.S. $ 30-40 / t to $ 680 / ton (FOB). $ 700 / ton (FOB) quotations with other Asian steel mills, steel will continue to increase export prices.

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