Average export offer prices of Chinese flat steel products have indicated an overall upward trend in the past week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $445-455/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $480-490/mt FOB.
It is thought that flat steel offer prices from China will likely continue the slight uptrend or move sideways in the coming week.
Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
Q235B/SS400 | 5.75 mm x 1,500 x C | 450 | +15 | |
Q235B/SS400 | 2.75 mm x 1,250 x C | 485 | +15 | |
ST12 | 1.0 mm x 1,250 x C | 485 | +5 | |
ST12 | 0.6 mm x 1,250 x C | 510 | +5 | |
HRP | Q235 | 20 mm | 470 | +20 |
Shipbuilding Plate | CCSA/B | 20 mm | 490 | +20 |
PPGI | CGCC | 0.476 mm x 1,000 mm x C | 560 | +5 |
HDG | SGCC | 1.0 mm x 1,250 mm x C | 585 | +5 |
SGCC | 0.5 mm x 1,000 mm x C | 710 | +10 |