Tag: HRC Export offers
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Japan: HRC Export Offers Unlikely to Come Down in the Near Term
Japanese HRC export offers likely remain on higher side in the coming term. Currently Japan HRC export offers are in the range of USD 535-540/MT FoB Japan. As per market sources, Japanese steelmaker Nippon Steel and Sumitomo Metal Corporation (NSSMC) remained world’s 3rd largest steel producing company in 2015 with steel production of 46.37 MnT…