Japanese steel major Nippon Steel is planning to lift HRC export offers by a steep $100/t m-o-m for Mar’22 shipments off the back of surging coal prices, hike in steel slab prices and upcoming maintenance schedules at a few hot strip mills in South Korea and Taiwan, SteelMint understands. Revised offers are heard at:
- $850-900/t CFR ASEAN
- $950/t CFR Europe
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