US import HRC from South Korea

Monday, 12 April 2021 09:50:18 (GMT+3)   |   San Diego

SteelOrbis has learned that South Korean flat rolled steel mills have implemented sharp price increases for export HRC to the US since our last report 5 days ago.
This week, traders are offering South Korean-origin HRC in the domestic market at $65+ cwt. ($1,433/mt or $1,300/nt), FOB truck Houston.  In contrast, last week South Korean HRC for July arrival was being offered at approximately $56 cwt. ($1,235/mt or $1,120/nt), FOB truck Houston.

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