The market analysis on 11 Nov, 2016

Alan Yang

In Asia market the prices of flats products are still rising. The price of hot rolled steel coils is rising sharply. The export price of common steel coils is about fob 470-480 usd/ton, 35 usd hihger than last week. Becasue of the changes of domestic market, most of the mills stop quoting the prices. It is said that the export price of SS400 coils to Vietnam is CFR 484-490 USD/TON, the export price of base naterial for cold rolling is CFR 510-515 USD/TON.

The prices of long produts are rising too. The export prices of rebar of BS500 is FOB 410-420.