SteelOrbis heard that a Chinese mill is currently offering 2.0 mm hot dip
galvanized iron at $730/mt FOB, and 1.0 mm corrugated
galvanized iron at $770/mt FOB on actual weight basis via at sight payment by letter of credit for August shipment.
It is heard that mills are now raising their
galvanized iron prices because of
production costs: hot rolled coils prices are rapidly increasing and zinc prices are at a high level.