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 $520-530/mt FOB on actual weight basis, including nine percent export tax rebate, and for October shipments. This price range indicates a decrease of about $5-10/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) have decreased by $15-20/mt since last week to the price level of $590-600/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for October shipment.
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 $650-660/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for October shipments. Prices have decreased by $10-15/mt as compared to last week.