As of March 22, average Chinese flat steel product export offers have mostly softened week on week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $600-610/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $625-635/mt FOB.
Flat steel product export prices from China declined in the first part of the past week, but later moved sideways - similar to the movement of prices in the domestic finished steel market. It is thought that Chinese flat steel product export prices will likely move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
HRC |
Q235B/SS400 |
5.75 mm x 1,500 x C |
605 |
↓5 |
Q235B/SS400 |
2.75 mm x 1,250 x C |
660 |
↓5 |
|
CRC |
ST12 |
1.0 mm x 1,250 x C |
630 |
↓5 |
ST12 |
0.6 mm x 1,250 x C |
655 |
↓5 |
|
HRP |
Q235 |
20 mm |
595 |
↓5 |
Shipbuilding Plate |
CCSA/B |
20 mm |
615 |
0 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
710 |
↓5 |
SGCC |
0.5 mm x 1,000 mm x C |
745 |
↓5 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
845 |
0 |