NSSMC to increase plate export prices for Asia by USD 20

Nippon Steel & Sumitomo Metal revises and raises its prices of steel plates for Asia except the Korean shipbuilders additionally by USD 20 for April/May shipment. As a result, its offer prices are raised to USD 670 CFR from this week. The environment of demand on plates is lately turning around further. Demand for construction and industrial machinery which had been sluggish in the past has been recovering in the USA, China and Japan. As for bridge related demand as well, its inquiries o...