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 $410-420/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $450-470/mt FOB.
Ahead of the G20 Summit in Hangzhou on September 4-5, some steelmakers’ production operations have been restricted because of environmental protection measures, exerting a positive impact on domestic flat steel market prices and also influencing Chinese flat steel export offer prices in the given week.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 415 | ↑15 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 445 | ↑15 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 460 | ↑10 |
| ST12 | 0.6 mm x 1,250 x C | 480 | ↑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 | 650 | ↑2.5 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 500 | 0 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 520 | 0 |