Southeast Asia imports of Japanese steel rise
May 20, 2013 | 08:07 AM
| Weilyn Loo
SINGAPORE The weaker yen has led Southeast Asia to import more Japanese steel products, particularly higher-grade product not produced by the region, according to Chow Chong Long, chairman of the South East Asia Iron and Steel Institute.
Chow didnt provide any figures, but pointed out that the weaker yen caused the pricing gap between Japanese and Chinese steel products in the import market to narrow significantly, to $30 per tonne from about $60 to $80 per tonne previously. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.