Import indications from Spain and Italy have reached $1,080/tonne fob, excluding duties for the highest-duty-paying producer, meaning others can sell at $1,100-1,110/t fob, aparticipant says. Although one mill still has September-rolling availability, another one is "closing September today", as demand in the domestic market is through the roof in the last two days before the country enters Eidholidays on Wednesday.
The market is not anticipating any export sales this week, "unless they are in a considerably higher price range than the domestic market", another source tells Kallanish.
Meanwhile, prices of CRC have reached $1,400/t ex-works, but with availability so low, there are hardly any sales, while HDG is at $1,370-1,380/t ex-works/fob for commercial grades. CRC is not exported widely, but some HDG sales are taking place, although at a slower pace, as producers are holding the material in view of renewed increases, sources note.
Meanwhile, China's announcement of retaining its VAT export rebate for CRC and HDG is producing export offers of CRC and full-hard at an almost impossibly low $950/t fob, grossing at $1,050/t cfr. Freight is at up to $100/t, due to low available volumes and trade. But Turkish galvanisers are booking all available volumes, in the knowledge these prices will not last, sources note.
Simulation Design Of Metal Packaging ContainerJuly 1, 2022CAM (Computer Aided Manufacturing), also known as computer-aided manufacturing technology, is the use of computer aids to complete the production process from product return, processing to assembly pr...viewCauses And Countermeasures Of Concave Deformation Of Steel Drum Body In Production Process-2July 1, 2022Two, the softening of the steel plate itself is easy to cause the dent after the knock against the barrelThe defects of the physical and chemical mechanical properties of the steel plate itself (such ...viewFrom The Perspective Of VOCs Source Emission ReductionJuly 4, 2022First, since the implementation of the above-mentioned national standards, the use of ink, adhesives, cleaning agents and other products within the scope of application of the standards should comply ...viewTo Strengthen The Spray Room And Drying Room Corrosion ProtectionJuly 4, 2022Through comparison, it is found that the original steel barrel coating production line is all developed with water curtain spray paint. While the trough which often contacts with water and other mater...view
The 20th China Iron And Steel Raw Materials International SymposiumJune 30, 2022Time: September 27-28, 2021Venue: Shangri-La Hotel dalianSponsor: China Iron and Steel AssociationSponsor: Metallurgical Industry Branch of China Council for the Promotion of International TradeOrgani...view
The Eurasian Economic Union Considers A Total Ban On Scrap ExportsJuly 1, 2022The Eurasian Economic Union (EAEU)has published a draft board decision on the inclusion of ferrous scrap in the list of goods for which a ban on export exists outside the member states -Russia, Armeni...view
EN
