Chinese HRC deal to India

Monday, 16 October 2006 13:23:16 (GMT+3)   |  
SteelOrbis is informed that Chinese mill Baosteel has concluded an export deal with an Indian mill involving 7,000 to 10,000 metric tons of 2.0 mm x 1,000 mm SAE1006 hot rolled coil, at $569/mt FOB via payment by letter of credit for December shipment. The Indian mill will re-roll the hot rolled coil in order to produce cold rolled products. The contract quantity is not fixed because of blast furnace irregularities at Baosteel's Meishan factory.
Tags: Crc Hrc Flats Baosteel  

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