Anshan Hikes Hot Coil Export by US$ 100/t to Japan

Anshan Iron and Steel noticed to Japanese buyers to increase the hot rolled coil export price by around US$ 110 to more than C&F US$ 1,130 per tonne for August shipment, according to Japanese sources. The firm tries to pass higher cost for raw materials and energy while the firm apparently takes chance for higher price when international steel market keeps high level in Asia.