This week, Indian hot markets remain weak trend, the market competition is intense, falling factory-gate prices, steel mills remain under pressure. Volume 3 mm goods ex-factory price of 3.35-34500 rupees per ton, a decline in late October 1000 rupees ($/ ton, equivalent to import price of $522 - $534 / ton (CFR).

Market is expected to short-term market demand won't improved obviously, cheap imports resources will still flooding the market, the future hot coil resources will also be at the low end.

Currently, China export volumes offer remains low, $470 to $480 / ton (FOB).