Japanese steel mills hike HRC export prices for Mid-East and Latin America

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Publish time: 25th January, 2013      Source: ChinaCCM
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Recently, the Japanese steel mills seem to conclude the hot rolled coils (HRC) February price negotiation with the buyers in Middle East and Latin America.

It's learned that the HRC prices for February increased by US$20~US$30/ton in comparison of the prices for December/January.

Meanwhile, it's expected that the HRC prices might continue rising if the iron ore prices keep increasing.