During the week ending July 11, average export offer prices of flat resources from China have mostly moved on a stable trend, apart from export offers for hot dip galvanized (HDG) and pre-painted galvanized (PPGI) which have increased. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $510-530/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $540-560/mt FOB.
It is expected that flat steel product export prices from China will move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
520 |
0 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
575 |
0 |
|
ST12 |
1.0 mm x 1,250 x C |
550 |
0 |
|
ST12 |
0.6 mm x 1,250 x C |
575 |
0 |
|
HRP |
Q235 |
20 mm |
535 |
0 |
Shipbuilding Plate |
CCSA/B |
20 mm |
555 |
0 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
615 |
↑10 |
SGCC |
0.5 mm x 1,000 mm x C |
650 |
↑10 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
765 |
↑10 |