Average export offer prices of most Chinese flat steel products have moved on a slight rising trend in the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $385-395/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $435-445/mt FOB.
The rises in Chinese domestic flat steel prices and bullish sentiment in the ferrous metal futures market have exerted a positive impact on Chinese flat steel export offer prices in the given week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
HRC |
Q235B/SS400 |
5.75 mm x 1,500 x C |
390 |
↑5 |
Q235B/SS400 |
2.75 mm x 1,250 x C |
417.5 |
↑5 |
|
CRC |
ST12 |
1.0 mm x 1,250 x C |
440 |
↑5 |
ST12 |
0.6 mm x 1,250 x C |
460 |
↑5 |
|
HRP |
Q235 |
20 mm |
380 |
↑5 |
Shipbuilding Plate |
CCSA/B |
20 mm |
400 |
↑5 |
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
640 |
0 |
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 |
0 |