Chinese flat steel export offer prices move on rising trend

Thursday, 14 April 2016 15:44:58 (GMT+3)   |   Shanghai
       

During the week ending April 14, Chinese flat steel export offer prices have indicated a rising trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $400-430/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $440-470/mt FOB.

During the given week, flat steel prices in the Chinese domestic market have moved on an overall rising trend amid the increases seen in semi-finished steel prices. Chinese steelmakers have not been so willing to give export offer prices amid the rising price trend, resulting in a supply shortage in the export market, providing support for increases in flat steel export offer prices from China
 

Product name

Quality

Spec.

Price ($/mt) FOB

Weekly change ($/mt)

HRC

Q235B/SS400

5.75 mm x 1,500 x C

415

↑37.5

Q235B/SS400

2.75 mm x 1,250 x C

450

↑40

CRC

ST12

1.0 mm x 1,250 x C

455

↑40

ST12

0.6 mm x 1,250 x C

470

↑42.5

HRP

Q235

20 mm

430

↑40

Shipbuilding Plate

CCSA/B

20 mm

440

↑40

PPGI

CGCC

0.476 mm x 1,000 mm x C

715

↑30

HDG

SGCC

1.0 mm x 1,250 mm x C

517.5

↑47.5

 

SGCC

0.5 mm x 1,000 mm x C

530

↑50

 


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