During the week ending July 30, Chinese export offers of flat steel products have moved on a stable trend after the significant declines seen in previous weeks. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $310-320/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are at $370-390/mt FOB.
| Product name | Quality | Spec. | Price ($/mt) FOB | Weekly change ($/mt) |
| HRC | Q235B/SS400 | 5.75 mm x 1500 x C | 315 | 0 |
| Q235B/SS400 | 2.75 mm x 1250 x C | 325 | 0 | |
| CRC | ST12 | 1.0 mm x 1250 x C | 380 | 0 |
| ST12 | 0.6 mm x 1250 x C | 385 | 0 | |
| HRP | Q235 | 20 mm | 330 | 0 |
| Shipbuilding Plate | CCSA/B | 20 mm | 345 | 0 |
| PPGI | CGCC | 0.476 mm x 1000 mm x C | 645 | 0 |
| HDG | SGCC | 1.0 mm x 1250 mm x C | 450 | 0 |
| SGCC | 0.5 mm x 1000 mm x C | 460 | 0 |
During the given week, a slight rebound has been seen in iron ore prices, which has provided a certain amount of support for the finished steel market. Unconfirmed reports have emerged that steelmakers in northern China will be forced to cut outputs as of late August, which could have some impact on export deliveries. It is thought that Chinese flat steel export prices will likely continue their stable trend in the coming week.