During the week ending October 8, Chinese export offers have indicated an overall declining trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $270-290/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are at $305-335/mt FOB.
Before the National Day Holiday (October 1-7), Chinese flat steel export offer prices had also been moving on a soft trend. It is thought that ex-China flat prices will likely continue their downtrend in the coming week, though possibly with smaller decline margins.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
280 |
-5 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
297.5 |
-2.5 |
|
ST12 |
1.0 mm x 1,250 x C |
320 |
-15 |
|
ST12 |
0.6 mm x 1,250 x C |
330 |
-15 |
|
HRP |
Q235 |
20 mm |
280 |
-10 |
Shipbuilding Plate |
CCSA/B |
20 mm |
295 |
-10 |
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
620 |
-20 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
430 |
-15 |
SGCC |
0.5 mm x 1,000 mm x C |
440 |
-15 |