Chinese flat steel export offers indicate increase

SteelOrbis has learned that Chinese offers to the export markets for SS400 grade 3-12 mm x 1,500-2,000 mm boron-added hot rolled coil (HRC) are at $615-635/mt FOB on actual weight basis, including nine percent export tax rebate, and for April shipments. This price range indicates an increase of about $15-20/mt as compared to last week.
 
In the meantime, ex-China offers for DC01 1 mm x 1,250 mm x C cold rolled coil (CRC) are currently standing at the price level of $705-710/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for April shipment. This price range indicates a slight increase of $5/mt as compared to last week.
 
SteelOrbis has further learned that Chinese offers to the export markets for DX51D 0.8-1.0 mm x 1,219 mm 120 gr/m² zinc coated hot dip galvanized (HDG) coils are at $730-750/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for April shipments.