Chinese flat export offer prices indicate diverse trends

Thursday, 23 May 2019 14:26:32 (GMT+3)   |   Shanghai

During the week ending May 23, average export offer prices of flat resources from China have moved on diverse trends, with hot rolled coil prices seeing slight decreases, while hot dip galvanized and pre-painted galvanized iron have risen, though other product prices have remained stable. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $515-535/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $550-570/mt FOB. 

It is expected that flat steel product export prices from China will move on a stable trend in the coming week.

Product name

Quality

Spec.

Price ($/mt) FOB

Weekly change ($/mt)

HRC

Q235B/SS400

5.75 mm x 1,500 x C

525

↓5

Q235B/SS400

2.75 mm x 1,250 x C

580

↓5

CRC

ST12

1.0 mm x 1,250 x C

560

0

ST12

0.6 mm x 1,250 x C

585

0

HRP

Q235

20 mm

565

0

Shipbuilding Plate

CCSA/B

20 mm

585

0

HDG

SGCC

1.0 mm x 1,250 mm x C

620

↑10

SGCC

0.5 mm x 1,000 mm x C

655

↑10

PPGI

CGCC

0.476 mm x 1,000 mm x C

770

↑10

EuniceOuyang
Eunice Ouyang
Editor
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I graduated from University of Shanghai for Science and Technology, with 16 years of deep expertise in the steel industry. I am responsible for steel-related news and intelligence, as well as leading the content team in China.

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