Chinese flat steel export offer prices have indicated a slight rising trend for some products over the past week, namely for cold rolled coil (CRC), hot dip galvanized (HDG) and pre-painted galvanized iron (PPGI), while prices of other products have remained stable. 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 $410-420/mt FOB.
Export prices of CRC products have followed the previous increase seen in HRC export offer prices, thereby also providing support for upticks in HDG and PPGI export offer prices.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
Q235B/SS400 | 5.75 mm x 1,500 x C | 365 | 0 | |
Q235B/SS400 | 2.75 mm x 1,250 x C | 393 | 0 | |
ST12 | 1.0 mm x 1,250 x C | 415 | ↑5 | |
ST12 | 0.6 mm x 1,250 x C | 435 | ↑5 | |
HRP | Q235 | 20 mm | 360 | 0 |
Shipbuilding Plate | CCSA/B | 20 mm | 380 | 0 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 640 | ↑5 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 500 | ↑5 |
| SGCC | 0.5 mm x 1,000 mm x C | 515 | ↑5 |