During the past week ending July 30, Chinese export offers of construction steel products have continued their stable trend. At present, China boron-added rebar offers to Southeastern Asia given by domestic steel mills are at $455-465/mt FOB. At the same time, boron-added wire rod offers given by Chinese suppliers are at $475-485/mt FOB, both keeping in line compared to previous week.
On the flat steel side, in the given period, ex-China cold rolled coil offers stand at $580/mt, FOB, while boron-added hot rolled coil offers stand at $510/mt FOB, both almost unchanged week on week.
It is estimated that China steel export prices will continue their stable trend in the coming week.