Posted on 02 Apr 2008
Indonesia HRC prices surge
Affected by anti-dumping tax for imported HRC from China, India,
Russia, Thailand and Taiwan,
the supply in Indonesia
will be tight to drive the price going up.
It is expected that the price of hot rolled coil in domestic
market will excess US$1000/ton. The price of slabs from Brazil to Indonesia is settled at US$850/ton
on C&F basis which also drives the domestic price up.
Along with the soaring imported price for slabs, the price
of HRC and HRP will be rising according to prediction.
