2 ms·
Depends on the steel grade. I can't find any articles on this, but I only started looking. Back when Japan and Russia were doing this in the 90s it was vanill
by mrcsparker 10y ago
Depends on the steel grade. I can't find any articles on this, but I only started looking.
Back when Japan and Russia were doing this in the 90s it was vanilla hot rolled coils, which is the bread and butter of the steel industry. Russian steel was almost German-steel quality and sold for less than US steel, while the Japanese steel was high quality and sold for slightly more than US steel but made up for it in its amazing quality. Both Russia and Japan were accused of dumping (which they were).
Also, the quality is important. Back when my family was in the steel industry Chinese steel was pretty bad and also very cheap: even with a drastically reduced price, it didn't sell. Their process must have vastly improved.
Notes: Japan eventually also started dropping its prices below US steel prices.
If you want to see if the Chinese product is as good as the US product look at the sizes of the coils: are they uniform? How is the plate cut? How is it packaged? Is the product able to stay wrapped in whatever banding they use? These are always pretty good indicators of the quality of the underlying product. Shitty product tends to fall apart a bit during shipping.