Ex-China SS400 grade 2.5 mm-11.5 mm x 1,500 mm x C size hot rolled coils are being offered from
China to
Southeast Asia in the range of $490-500/mt FOB
China Main Ports on actual weight basis via at sight payment by letter of credit for March shipment. Even though quotations for hot rolled coil export from
China to
Southeast Asia countries have increased by $15-20/mt compared to the end of December, few transactions have been concluded yet. Even some steel mills in
China are postponing offers now.