Chinese flat steel export offer prices have indicated a downward 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 $340-350/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $410-420/mt FOB.
During the given week, flat steel prices in the Chinese domestic market have mostly moved on a declining trend, exerting a negative impact on export offer prices for flat steel.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 345 | ↓10 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 375 | ↓10 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 415 | ↓20 |
| ST12 | 0.6 mm x 1,250 x C | 435 | ↓20 | |
| HRP | Q235 | 20 mm | 340 | ↓10 |
| Shipbuilding Plate | CCSA/B | 20 mm | 360 | ↓10 |
| PPGI | CGCC | 0.476 mm x 1,000 mm x C | 670 | ↓55 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 510 | ↓70 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 520 | ↓65 |