Chinese flat export offer prices mostly move sideways

Thursday, 11 July 2019 14:00:41 (GMT+3)   |   Shanghai
       

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)

HRC

Q235B/SS400

5.75 mm x 1,500 x C

520

0

Q235B/SS400

2.75 mm x 1,250 x C

575

0

CRC

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


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