Ex-China angle offers to the international markets

SteelOrbis has been informed that, in the angle export offers given by a Chinese mill from Tangshan, the 80-125 mm angle price is at the level of $505/mt FOB Tianjin, while the 50-75 mm angle price is at $535/mt FOB Tianjin. Both offers are including 17 percent VAT, on theoretical weight basis and for May shipment. Meanwhile, there is no export tax in effect for 80-125 mm angle, whereas the 50-75 mm angle price includes 10 percent export tax. A few orders have received at the price levels in question, with demand generally coming from Iran and South Africa.