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HRC import prices in ASEAN climb

According to the latest data released by The Steel Index (TSI) that the import prices of hot rolled coil for the ASEAN countries has climbed by 0.3% to US$376/ton, due to the bounce back of Chinese domestic steel prices last week.
It is reported that worldsteel sees optimism for the markets in India and increasing steel use in some MENA and ASEAN countries, but the developments will not be quick enough to offset the deceleration of China.
Worldsteel forecasts gradually improving growth beyond 2016.

Yieh.com

May 9, 2015 10:39
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