During the week ending October 11, average Chinese flat steel export offer prices have moved on a decreasing trend, while softening by a slightly larger margin for hot rolled coil. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $560-570/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $605-615/mt FOB.
It is expected that flat steel product export prices from China will move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
565 |
↓10 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
620 |
↓10 |
|
ST12 |
1.0 mm x 1,250 x C |
610 |
↓5 |
|
ST12 |
0.6 mm x 1,250 x C |
635 |
↓5 |
|
HRP |
Q235 |
20 mm |
605 |
↓5 |
Shipbuilding Plate |
CCSA/B |
20 mm |
625 |
↓5 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
680 |
↓5 |
SGCC |
0.5 mm x 1,000 mm x C |
715 |
↓5 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
830 |
↓5 |