Chinese flat steel export offer prices move upwards

Thursday, 08 March 2018 15:03:36 (GMT+3)   |   Shanghai
       

As of March 8, average Chinese flat steel product export offers have increased on week-on-week basis. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $610-620/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $640-650/mt FOB.

Flat steel product export prices from China indicated significant rises in the first part of the past week, while declining in the latter part of the week. It is thought that Chinese flat steel product export prices 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

615

↑5

Q235B/SS400

2.75 mm x 1,250 x C

670

↑5

CRC

ST12

1.0 mm x 1,250 x C

645

↑10

ST12

0.6 mm x 1,250 x C

670

↑10

HRP

Q235

20 mm

595

↑5

Shipbuilding Plate

CCSA/B

20 mm

615

↑5

HDG

SGCC

1.0 mm x 1,250 mm x C

705

↑15

SGCC

0.5 mm x 1,000 mm x C

740

↑15

PPGI

CGCC

0.476 mm x 1,000 mm x C

840

↑15

 


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