Chinese
trading company Jilin Tonggang International Trade Co. Ltd is offering 1,500-2,000 mt of SS400 grade 3.1-11.8 mm x 1,500 mm x C hot rolled coils for export to South
Korea at $490-492/mt CFR Korean Port on actual weight basis via at sight payment by letter of credit for April shipment.
The
trading company informed SteelOrbis that the export price for hot rolled coils is stable compared with last week. Influenced by the approach of the Chinese Lunar New Year Holiday (February 18-24), orders for April shipment are being accepted.