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Japanese Steelmakers Raise Steel Wire Export Prices to Asian Buyers

  • Tuesday, October 15, 2013
  • Source:

  • Keywords:Japanese Steelmakers Wire Export Asian Buyers
[Fellow]
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.
  • [Editor:editor]

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