Chinese flat steel export offer prices have indicated a rising trend over the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $360-370/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $405-415/mt FOB.
Due to the rising trends seen in domestic semi-finished steel prices, finished steel futures prices and HRC, CRC domestic prices, HRC and CRC export offer prices from China have gained support and seen rising trends.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 365 | ↑25 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 393 | ↑23 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 410 | ↑5 |
| ST12 | 0.6 mm x 1,250 x C | 430 | ↑5 | |
| HRP | Q235 | 20 mm | 360 | ↑25 |
| Shipbuilding Plate | CCSA/B | 20 mm | 380 | ↑25 |
| PPGI | CGCC | 0.476 mm x 1,000 mm x C | 635 | 0 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 495 | 0 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 510 | 0 |