MetalBiz reported that South Korea's Dongbu Steel sharply adjusted up the export prices of CR and galvanized plate for October delivery.
Due to the rising price of CR base raw material, Dongbu Steel first withdrew the previous offer, and presently the latest quotation appears, increasing USD 30 to USD 40 per tonne than the preceding price.
Before this, the company offered CR export price at USD 700 per tonne FOB, hot dip galvanized steel at USD 750 per tonne FOB, color coated plate at USD 900 per tonne FOB.
