Chinese flat steel export offer prices have increased over the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $470-490/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $525-545/mt FOB.
Flat steel export offer prices from China have continued their rising movement in the past week, though the price increases have been smaller compared to previous weeks. Due to support from the cost side, it is thought that flat steel export offer prices from China will likely indicate slight corrections in the coming week.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 480 | +10 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 510 | +10 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 535 | +20 |
| ST12 | 0.6 mm x 1,250 x C | 550 | +20 | |
| HRP | Q235 | 20 mm | 475 | +5 |
| Shipbuilding Plate | CCSA/B | 20 mm | 495 | +5 |
| PPGI | CGCC | 0.476 mm x 1,000 mm x C | 765 | +10 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 612.5 | +10 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 625 | +10 |