Japanese’s export price of cold rolled sheet to China was settled at US$700/ton for January-February shipments.
It is estimated that the export price in March would reach US$750/ton, and Japan’s export price to Asia may hit US$800/ton during April to June.
China is increasing its intakes of cold rolled sheet, due to soaring demand from domestic auto and home appliance industries.
(Source: Yieh.com)