C steel stable and firmer Asian markets

C steel cold-formed aspects , remained stable. With the Chinese domestic cold rolled prices stabilized , cold roll began to stabilize export quotes to maintain last week's 595-600 dollars / ton (FOB), but most of the overseas buyers for lack of market confidence , still wait and see , less turnover . In Japan , JFE Steel announced the hot rolled , cold rolled and coated the price increases ¥ 3,000 / t ( $ 29 / t ) . Currently, Japan sheets in good demand , prices remain stable , the market price of the Japanese integrated mills producing 1.7-2.2mm SPHC hot rolled is 6.2-6.3 ten thousand yen / ton ( 608-618 U.S. dollars / ton ) . Japanese integrated mills are planning to carry out maintenance in the second quarter of its main facility , the original maintenance plan should be carried out between January-March , but then the market demand , many mills choose to postpone , it is expected that the second quarter production will be integrated steelworks reduction may cause buyers to accept high prices.

C galvanized steel side, remained stable. As the international scrap prices rebounded in line with Taiwan's Feng Hsin Iron & Steel rebar and profiles raised ex-factory , where rebar raised NT $ 200 yuan / ton , up 500 yuan profiles / ton, up Feng Hsin Iron & Steel rebar prices have been raised 200 yuan / tons. Currently Feng Hsin Iron & Steel rebar prices to 17,600 yuan / ton , profiles of 19,700 yuan / ton. The market is expected to rebound as scrap prices and demand rise, Taiwan galvanized steel market will usher in a wave c obvious rebound. In Thailand, the ongoing political conflict led to weak steel demand , despite the lifting of the state of emergency in Bangkok two weeks ago , but the market is still in the doldrums , galvanized steel price correction c running . Currently in Thailand more than 16mm rebar delivery price of 1.96-1.98 million baht / ton ( 606-612 U.S. dollars / ton ) . Import market has remained stable, and only a small volume orders . Inquiry billet price $ 525 / ton (CFR), China 5.5mm carbon wire Inquiry at $ 515-520 / ton (CFR), which quoted Chinese steel mills at $ 525-528 / ton (CFR) . Analysts said that only when the end of the current political disputes , the government began to implement a new project , and thus boost steel demand has picked up , but is expected to need 4-6 months.