Average export offer prices of Chinese flat steel products have indicated an overall downward 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 $390-400/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $440-450/mt FOB.
Following the downtrend of Chinese domestic flat steel prices, Chinese flat steel export offer prices have also moved down during the past week.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 395 | ↓20 |
Q235B/SS400 | 2.75 mm x 1,250 x C | 425 | ↓20 | |
CRC | ST12 | 1.0 mm x 1,250 x C | 445 | ↓15 |
ST12 | 0.6 mm x 1,250 x C | 470 | ↓10 | |
HRP | Q235 | 20 mm | 360 | ↓20 |
Shipbuilding Plate | CCSA/B | 20 mm | 390 | ↓10 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 640 | ↓10 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 490 | ↓10 |
| SGCC | 0.5 mm x 1,000 mm x C | 510 | ↓10 |