Average Chinese flat products export offers have mostly moved on a stable trend over the past week, though hot rolled coil (HRC) prices have increased today, November 30, due to the significant rises recorded in the ferrous metal futures market on the same day. At present, export offers for boron-added 5.75 mm HRC given by Chinese suppliers are at $570-580/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $600-610/mt FOB.
It is thought that flat steel offer prices from China will likely continue to move sideways, or edge up in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
575 |
↑10 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
630 |
↑10 |
|
ST12 |
1.0 mm x 1,250 x C |
605 |
0 |
|
ST12 |
0.6 mm x 1,250 x C |
630 |
0 |
|
HRP |
Q235 |
20 mm |
560 |
0 |
Shipbuilding Plate |
CCSA/B |
20 mm |
580 |
0 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
675 |
0 |
SGCC |
0.5 mm x 1,000 mm x C |
695 |
0 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
800 |
0 |