Average export offer prices of Chinese flat steel products have indicated a slight downward movement in the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $490-500/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $545-555/mt FOB.
During the given week, the significant declines in Chinese domestic flat steel prices in the spot market have exerted a negative impact on Chinese flat steel export offer prices. It is thought that Chinese flat steel export offer prices will likely move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
495 |
-5 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
530 |
-5 |
|
ST12 |
1.0 mm x 1,250 x C |
550 |
-15 |
|
ST12 |
0.6 mm x 1,250 x C |
575 |
-15 |
|
HRP |
Q235 |
20 mm |
485 |
-5 |
Shipbuilding Plate |
CCSA/B |
20 mm |
505 |
-5 |
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
765 |
-5 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
610 |
-5 |
SGCC |
0.5 mm x 1,000 mm x C |
635 |
-5 |