Chinese HDG exporters keep cutting prices

摘要

Given the decrease in prices for HR and CR feedstock as well as lower quotations of import iron ore, Chinese HDG exporters have had to drop offers further. Tangshan Iron & Steel and Handan Steel (members of Hebei Group) are selling the material with 1 mm thickness and 120 g/sq m zinc coating at $705-710/t FOB, down some $5-10/t week-on-week.