Japanese exports of deformed steel bars continue soaring
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Tuesday, 21 Dec 2010
It is reported that Japan's export prices of deformed steel bars have continued soaring.
At present, Japan’s export quotes of deformed steel bars to South Korea are at JPY 57,000 per tonne CFR. However, the prices are unfavorable to South Korea's buyers.
Japan's mills indicated that the continuously raising production cost have forced them to raise the export price to stay away from the loss.
(Sourced from YIEH.corp)
