During the week ending October 15, Chinese export offers have indicated a declining trend for cold rolled coil (CRC), hot rolled plate (HRP) and shipbuilding plate, while export offer prices for hot rolled coil (HRC), hot dip galvanized (HDG) and pre-painted galvanized iron (PPGI) have remained stable. At present, export offers for boron-added 5.75 mm HRC given by Chinese suppliers are at $270-290/mt FOB, while export offers for 1.0 mm CRC given by Chinese suppliers are at $305-325/mt FOB.
During the week in question, since demand from international buyers is slack and given the declining trend of domestic finished steel prices, Chinese flat steel export offer prices have seen a declining trend for some products, while transaction activity has not sluggish as buyers anticipate further declines in prices.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
280 |
- |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
297.5 |
- |
|
ST12 |
1.0 mm x 1,250 x C |
315 |
-5 |
|
ST12 |
0.6 mm x 1,250 x C |
325 |
-5 |
|
HRP |
Q235 |
20 mm |
275 |
-5 |
Shipbuilding Plate |
CCSA/B |
20 mm |
290 |
-5 |
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
620 |
- |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
430 |
- |
SGCC |
0.5 mm x 1,000 mm x C |
440 |
- |