PRICE OF COIL AND SHEET

PRICE OF COIL AND SHEET

There are two customers, one asked for coil, mill said “15600¥/ MT”, the other asked for sheet, mill said “12900¥/MT”. there was a question, why the price is getting so different?

Fact 1: coil need to be cut, after cutting coils become sheet. Cutting processing coat money.

Fact 2: However, the price of coil surprisingly higher than the sheet.

From the facts above, i believe that it already make you confusing. Why? It is strange.

Don’t worry, here we explain this situation.

Reason 1: when you buy coil, we weight it. The weight will be practical weight. and you paid for the weight.

Reason 2: when you buy coil, traders will change the thickness, that way they reduce the weight. the customers thought the buy 1.2 actually buy 1.1, they thought they buy 28T, actually they only buy 26M for one sheet.

That’s why the price of coil is higher than the price of sheet.

Does it clear?