{"id":1247,"date":"2017-08-17T15:24:38","date_gmt":"2017-08-17T15:24:38","guid":{"rendered":"http:\/\/kjtehrani.com\/en\/?p=1247"},"modified":"2017-08-17T16:03:03","modified_gmt":"2017-08-17T16:03:03","slug":"china-hrc-export-offers-ascend-further-by-usd-2omt","status":"publish","type":"post","link":"https:\/\/kjtehrani.com\/en\/china-hrc-export-offers-ascend-further-by-usd-2omt\/","title":{"rendered":"China: HRC Export Offers Ascend Further by USD 20\/MT"},"content":{"rendered":"<p style=\"text-align: justify;\">Chinese HRC export offers continues to rise further and have reached to the peak levels of USD 545-550\/MT, FoB. Since Chinese domestic prices have gained the momentum driving up HRC export offers in the global market. Nation has surged the HRC export offers by USD 115-116\/MT in last 70 days on higher domestic prices.<\/p>\n<p style=\"text-align: justify;\">Currently HRC commercial grade ASTM A36 export offers are prevailing in the range of USD 545-551\/MT, FoB China. Payment are made on letter of Credit basis for 1,000-10,000 MT.<\/p>\n<p style=\"text-align: justify;\">Meanwhile prices of HRC in domestic market have rebounded today after yesterday&#8217;s decrease and are heard in the range of RMB 3,980-4,010\/MT, including VAT. &amp; Other taxes.<\/p>\n<p style=\"text-align: justify;\">Overseas buyers resist buying since major mills in China are also offering in the range of USD 560\/MT on FoB basis. However it is anticipated that export offers will stabilize since the profit margins are on higher side in domestic market.<\/p>\n<p style=\"text-align: justify;\">CIS Nation raised HRC export offers by USD 25\/MT CIS- origin have also raised the HRC export offers by USD 25\/MT,W-O-W basis on rising Chinese steel prices in global market. Currently HRC export offers are heard in the range of USD 550-560\/MT, FoB Black Sea.<\/p>\n<p style=\"text-align: justify;\"><strong>Source Steel Mint powered by Keyvan Jafari Tehrani<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese HRC export offers continues to rise further and have reached to the peak levels of USD 545-550\/MT, FoB. Since Chinese domestic prices have gained the momentum driving up HRC export offers in the global market. Nation has surged the HRC export offers by USD 115-116\/MT in last 70 days on higher domestic prices. Currently [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1250,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,21],"tags":[48,50,46,53,45,47],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China: HRC Export Offers Ascend Further by USD 20\/MT - Keyvan Jafari Tehrani<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/kjtehrani.com\/en\/china-hrc-export-offers-ascend-further-by-usd-2omt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China: HRC Export Offers Ascend Further by USD 20\/MT - Keyvan Jafari Tehrani\" \/>\n<meta property=\"og:description\" content=\"Chinese HRC export offers continues to rise further and have reached to the peak levels of USD 545-550\/MT, FoB. Since Chinese domestic prices have gained the momentum driving up HRC export offers in the global market. Nation has surged the HRC export offers by USD 115-116\/MT in last 70 days on higher domestic prices. 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He has been exporting minerals and steel value chain products especially iron ore, concentrate, HBI, steel products to various markets, but mainly to China and ASEAN countries, for about 26 Years. He has 36 years solid experience in the field of mining production &amp; export of commodities. He was a Member of the Board &amp; Head of International Affairs of IROPEX (Iranian Iron Ore Producers &amp; Exporters Association) from 2012 up to 2017. Keyvan has a Bachelor degree in Electronic Engineering, Masters degree in Medical Engineering and MBA and Phd. in Radiology from Iranian Reputable Universities and numerous post-graduation courses in Mining, Steel &amp; Management Fields from Iranian &amp; Foreign Universities. Currently, he is a Professor &amp; Senior Analyst in International Economy and Commodities and has numerous articles published in Iranian &amp; International Websites, News Agencies &amp; Media. 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