During the week ending January 21, Chinese flat steel export offer prices have indicated an overall rising trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $280-290/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $325-335/mt FOB.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
Q235B/SS400 | 5.75 mm x 1,500 x C | 285 | ↑7.5 | |
Q235B/SS400 | 2.75 mm x 1,250 x C | 305 | ↑7.5 | |
ST12 | 1.0 mm x 1,250 x C | 330 | ↑20 | |
ST12 | 0.6 mm x 1,250 x C | 340 | ↑20 | |
HRP | Q235 | 20 mm | 280 | ↑5 |
Shipbuilding Plate | CCSA/B | 20 mm | 295 | ↑5 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 630 | ↑5 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 415 | ↑5 |
| SGCC | 0.5 mm x 1,000 mm x C | 425 | ↑5 |
During the given week, the rising trend of flat steel offer prices in the Chinese domestic market has provided support for the increases in Chinese flat steel export offers.