Nippon Steel is negotiating the selling price hike of hot coil for container by US$ 30-50 for shipment in July-September from April-June to China, but is expected to pass over. The firm seems to judge the container demand is low.Japanese hot coil export for container to China is fickleness because the demand for container depends on season and Chinese hot coil makers supply it. Nippon Steel skipped business negotiation for shipment in October-December 2006 to China due to decreased demand.For October-December, some Chinese users are making a request for price reduction to Nippon Steel when the demand for container goes into non-demand season.
Japan Steel Scrap Composite Prices (Sangyo Press)
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