During the week ending November 26, Chinese flat export offer prices have moved on a stable trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $260-270/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $290-310/mt FOB.
During the given week, Chinese steelmakers and exporters have been unwilling to lower their export offer prices further, resulting in the stable trend of flat steel export offers.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
Q235B/SS400 | 5.75 mm x 1,500 x C | 265 | - | |
Q235B/SS400 | 2.75 mm x 1,250 x C | 287.5 | - | |
ST12 | 1.0 mm x 1,250 x C | 300 | - | |
ST12 | 0.6 mm x 1,250 x C | 310 | - | |
HRP | Q235 | 20 mm | 265 | - |
Shipbuilding Plate | CCSA/B | 20 mm | 280 | - |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 615 | - |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 400 | - |
| SGCC | 0.5 mm x 1,000 mm x C | 410 | - |