Metal Bulletin’s price assessment for October/November shipments of commercial-grade, boron-containing SS400 HRC was $575-600 per tonne fob for the week ending
Tuesday September 12,
up by $20-30 per tonne from a week ago.
South Korean buyers accepted higher prices in the middle of last week, which increased the liquidity in China’s export market, sources said.
Cargoes to South Korea were confirmed at $595 per tonne cfr earlier last week and a cargo of 8,000-10,000 tonnes was reported at $603-606 cfr later last week, according to market...