During the week ending November 8, average Chinese flat steel export offer prices have decreased for hot rolled plate (HRP), shipbuilding plate, hot dip galvanized (HDG) and pre-painted galvanized iron (PPGI), while moving sideways for other products. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $535-555/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $590-600/mt FOB.
It is expected that flat steel product export prices from China will move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
545 |
0 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
600 |
0 |
|
ST12 |
1.0 mm x 1,250 x C |
595 |
0 |
|
ST12 |
0.6 mm x 1,250 x C |
620 |
0 |
|
HRP |
Q235 |
20 mm |
580 |
↓10 |
Shipbuilding Plate |
CCSA/B |
20 mm |
600 |
↓10 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
650 |
↓15 |
SGCC |
0.5 mm x 1,000 mm x C |
685 |
↓15 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
800 |
↓15 |