Cold Rolled Steel Coils' Import Quantity Has Been Decreased in Feb, 2016

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Cold Rolled Steel Coils' Import Quantity Has Been Decreased in Feb, 2016

It is shown from the data collection of Development Ministy in Brazil, Brazil has imported about 4800tons cold rolled steel coils, which was decreased by 40% comparing with Jan, 2016. Meanwhile, as we predicted the import average price is usd540/ton on FOB basis, with an increase of 30% comparing with Jan.

Regarding the price from Asia, Brazil imported 3000tons cold rolled steel coils from China with average price of usd450/ton and 1700tons from Korea with average price at usd670/ton on FOB basis.

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