H-beam offer from China to S. Korea

1,500 metric tons of 300-450 mm x 300-450 mm x 10 mm x 15 mm size H-beams have been offered for export from China to South Korea at $500/mt FOB on actual weight basis via payment by letter of credit for March shipment. SteelOrbis has been informed that the quotation for such items has remained unchanged over the past two weeks. The average sales prices for H-beams in China are down slightly due to the skyrocketing increases of the past several days. As a result, offers from China's H-beam producers to other countries are maintaining their stability.