Average export offer prices of most Chinese flat steel products have moved on a slight rising trend in the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $385-395/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $435-445/mt FOB.
The rises in Chinese domestic flat steel prices and bullish sentiment in the ferrous metal futures market have exerted a positive impact on Chinese flat steel export offer prices in the given week.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 390 | ↑5 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 417.5 | ↑5 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 440 | ↑5 |
| ST12 | 0.6 mm x 1,250 x C | 460 | ↑5 | |
| HRP | Q235 | 20 mm | 380 | ↑5 |
| Shipbuilding Plate | CCSA/B | 20 mm | 400 | ↑5 |
| PPGI | CGCC | 0.476 mm x 1,000 mm x C | 640 | 0 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 497.5 | 0 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 515 | 0 |