It’s reported that the Chinese Rizhao Steel recently hiked its H beam export quotes substantially.
The company increased export prices of boron-added H beam by US$30~US$35/ton to around US$580~US$585/ton CFR.
Meanwhile, it’s predicted that the other steel mills in China would follow Rozhao Steel to raise H beam export prices substantially recently.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62555&division=A4
