Chinese cold rolled coil prices
Cold rolled prices exhibit an overall increase today in major Chinese markets. The average price of 1.0 mm x 1250 x C ST12 increased by RMB 17/mt to RMB 3,867/mt ($479), while the average price of 1 mm x 1250 x 2500 increased by RMB 34/mt to RMB 4,027/mt ($499). The average price of imported 0.6 mm x 1250 x C 08YU also increased by RMB 17/mt to RMB 4,067/mt ($504). The prices in the major markets are as follows:
Shanghai market
Product Price/mt Daily Change
RMB US$ RMB
Benxi Steel ST12 1.00mm*1250*C 3,850 477
Benxi Steel ST12 1.00mm*1250*2500 4,030 499
MMK (Russia) 08YU 0.6mm*1250*C 4,050 502
Tianjin market
Product Price/mt Daily Change
RMB US$ RMB
Anshan Steel ST12 1.00mm*1250*C 3,850 477 +50
Anshan Steel ST12 1.00mm*1250*2500 3,950 489 +50
Ispat Karmet 08YU 0.6mm*1250*C 3,950 489
(Kazakhstan)
Lecong market
Product Price/mt Daily Change
RMB US$ RMB
Anshan Steel ST12 1.00mm*1250*C 3,900 483
Anshan Steel ST12 1.00mm*1250*1250 4,100 508 +50
MMK (Russia) 08YU 0.6mm*1250*C 4,200 520 +50
All prices include 17 percent VAT. RMB 8.07 = $1