JMB reported that Japanese integrated steel makers' sheet export is recovering. The export volume for July to September 2009 quarter is expected to increase by 10% to 20% as compared with April to June 2009 quarter and the price would surge by USD 50 to USD 100 per tonne.
According to a source of Japanese integrated steel maker concerned with export contract negotiation for July to September 2009 quarter, hot coil export price is likely to exceed USD 500 per tonne FOB in some cases.
