China’s H beam export quotes rise

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Publish time: 14th January, 2013      Source: ChinaCCM
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Recently, most of the major H beam producers in China have all hiked the export quotes for January.

It's known that Masteel, Jinxi Steel and Laigang have all increased the H beam export quotes by US$20~US$30/ton.

Besides, the Chinese steel mills also hiked the rebar export prices by US$30~US$40/ton.

Industry sources said that the price rise was boosted by increased steel demand and higher steel prices in Chinese domestic market.