Average export offer prices of most Chinese flat steel products have indicated a 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 $395-405/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $440-460/mt FOB.
The rises in Chinese domestic flat steel market prices and in Chinese steelmakers' domestic ex-works prices have positively affected Chinese flat steel export offer prices in the given week.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
Q235B/SS400 | 5.75 mm x 1,500 x C | 400 | ↑10 | |
Q235B/SS400 | 2.75 mm x 1,250 x C | 430 | ↑12.5 | |
ST12 | 1.0 mm x 1,250 x C | 450 | ↑10 | |
ST12 | 0.6 mm x 1,250 x C | 470 | ↑10 | |
HRP | Q235 | 20 mm | 380 | 0 |
Shipbuilding Plate | CCSA/B | 20 mm | 400 | 0 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 647.5 | ↑7.5 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 500 | ↑2.5 |
SGCC | 0.5 mm x 1,000 mm x C | 520 | ↑5 |