Recently,most of the major H beam producers in China have all hiked the export quotes for January.
It's known that Masteel,Jinxi Steel and Laigang have all increased the H beam export quotes by US$20~US$30/ton.
Besides,the Chinese steel mills also hiked the rebar export prices by US$30~US$40/ton.
Industry sources said that the price rise was boosted by increased steel demand and higher steel prices in Chinese domestic market.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=62508&division=A4
