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Most S.Korea CRC mills and Japan steel mills ended negotiation on HRC price

Published: 21 Sep 2009 23:25:42 PST

Sep.22 MetalBiz--Most of S.Korea CRC mills ended the price negotiation on CRC base material for Q4 with Japan steel mills recently. The settled price was about U.S. $560 per ton (FOB) for Oct., U.S. $570 per ton for Nov., U.S. $ 580 per ton for Dec.. The CRC producers who are still ongoing the negotiation said that "most makers have completed the price negotiation, but the price is still very high and out of expectation and all negotiations are expected to close within this week".

Source: MetalBiz

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