Japanese integrated steel makers would increases high carbon wire rod export price by US$ 150-200 per tonne for April-June. The makers receive many inquiries from the users in China and Southeast Asia when the demand is firm for automobile. The steel makers try to get wide hike when steel making raw material cost would increase.
The demand of high carbon wire rod products including steel cord is firm in China and Southeast Asia when the demand is increasing for automobile and construction. The demand shows a sign to increase in USA, according to one integrated steel maker source. With the firm demand of wire rod, the steel makers offer the price increase watching the material price and wire rod price in China.| M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
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