Average export offer prices of Chinese flat steel have moved on a slight rising trend in the given week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $380-390/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $430-440/mt FOB.
Currently, Chinese domestic flat steel prices are moving on a rising trend, providing support for export offer prices of Chinese flat steel.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 385 | ↑7.5 |
Q235B/SS400 | 2.75 mm x 1,250 x C | 412.5 | ↑7.5 | |
CRC | ST12 | 1.0 mm x 1,250 x C | 435 | ↑5 |
ST12 | 0.6 mm x 1,250 x C | 455 | ↑5 | |
HRP | Q235 | 20 mm | 375 | ↑5 |
Shipbuilding Plate | CCSA/B | 20 mm | 395 | ↑5 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 640 | ↑5 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 497.5 | 0 |
| SGCC | 0.5 mm x 1,000 mm x C | 515 | ↑5 |