Price Down! Asian Hot Rolled Prices Decreased New Low During Three Month

The finnished price of Asian hot-rolled coil stock has been decreased the new low level in March.Due to China domestic market moved down, overseas buyers began to watch, wait for the price to fall further, the volume is very cold.
In order to attract buyers, Chinese steel mills ordinary commodity coil quoted 495-500 U.S. dollars / ton (FOB),Korea still have orders,even though the price is low, but less than before a lot. To Vietnam cold-rolled base material, India quoted 502-510 U. S.dollars / ton (CFR), China's 520 U. S.dollars / ton (CFR) , South Korea's $550 / ton, Japan's $513 / ton (CFR).