During the week ending April 14, Chinese flat steel export offer prices have indicated a rising trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $400-430/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $440-470/mt FOB.
During the given week, flat steel prices in the Chinese domestic market have moved on an overall rising trend amid the increases seen in semi-finished steel prices. Chinese steelmakers have not been so willing to give export offer prices amid the rising price trend, resulting in a supply shortage in the export market, providing support for increases in flat steel export offer prices from China.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1,500 x C | 415 | ↑37.5 |
| Q235B/SS400 | 2.75 mm x 1,250 x C | 450 | ↑40 | |
| CRC | ST12 | 1.0 mm x 1,250 x C | 455 | ↑40 |
| ST12 | 0.6 mm x 1,250 x C | 470 | ↑42.5 | |
| HRP | Q235 | 20 mm | 430 | ↑40 |
| Shipbuilding Plate | CCSA/B | 20 mm | 440 | ↑40 |
| PPGI | CGCC | 0.476 mm x 1,000 mm x C | 715 | ↑30 |
| HDG | SGCC | 1.0 mm x 1,250 mm x C | 517.5 | ↑47.5 |
|
| SGCC | 0.5 mm x 1,000 mm x C | 530 | ↑50 |