Accreditation Administration System:
Stable.CRU in the region this week, the price index for 241.7 the previous week and rose 3.2% last month rose 12.4%,
29.4% higher than the same period last year.
Flat products, the Asian market, stable flat timber.Southeast Asia slab import prices continue to rise, the current offer
has reached the CIS resources 770_780 U.S. dollars / ton (CFR), last week's closing price of 730_750 U.S. dollars /
ton (CFR).Traders said weak demand in the finished products, hot rolled coil and plate rising as fast as slab, while the
suppliers are unwilling to cut due to cost pressures quotes, so little turnover.In Singapore, ship plate prices continued
to rise of imports from China and Ukraine's offer of 860_880 U.S. dollars / ton (CFR), Indonesia's offer of 870_875
U.S. dollars / ton (CFR), recently sold for Ukraine's resources, 840U.S. dollars / ton (CFR).Great uncertainty in the
market, the buyer purchases very carefully, so very few recent transactions.In India, in February thanexpected sales
of thermal paper, the Indian steel coil may remain in March or slightly increased price stability.Bhushan Steel has
declared March coil to maintain price stability, Steel Authority of the company is also expected to open a flat plate,
Jindal Steel plans southwest slight increase.Bhushan production volume is currently ex_factory price of goods 3mm
37500 rupees / ton, Steel Authority of the 38,500 rupees / ton, Jindal is Rs 38,000 / ton.In Japan, due to increased
costs, JFE the second quarter, exports of South Korea's offer to be cold_rolled base rose to $ 1,000 / ton (CFR),
Ship rose to $ 1,050 / ton (CFR), the user is expected to be difficult to accept South Korean steel mills in JapanPrice,
price or ask the Japanese side, or increase the volume of imports of China's resources.
