Chinese flat steel export offer prices move down

Thursday, 08 August 2019 14:54:43 (GMT+3)   |   Shanghai
       

During the week ending August 8, average export offer prices of flat steel from China have moved on a downward trend. 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 $540-550/mt FOB. 

Flat steel product export prices from China have softened amid weakening support iron ore prices which have been moving on a declining trend. 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)

HRC

Q235B/SS400

5.75 mm x 1,500 x C

495

↓20

Q235B/SS400

2.75 mm x 1,250 x C

555

↓15

CRC

ST12

1.0 mm x 1,250 x C

545

↓5

ST12

0.6 mm x 1,250 x C

575

0

HRP

Q235

20 mm

520

↓5

Shipbuilding Plate

CCSA/B

20 mm

540

↓5

HDG

SGCC

1.0 mm x 1,250 mm x C

610

↓5

SGCC

0.5 mm x 1,000 mm x C

645

↓5

PPGI

CGCC

0.476 mm x 1,000 mm x C

760

↓5


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