During the week ending February 25, Chinese hot rolled coil (HRC) and cold rolled coil (CRC) export offer prices have indicated a rising trend. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $285-290/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $330-340/mt FOB.
During the given week, HRC futures prices in the Chinese market have indicated significant increases, resulting in higher flat steel prices in the Chinese domestic spot market. However, flat steel export offer prices from China have not seen any sharp rises, though some small upticks have been observed in HRC and CRC offer prices.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
287.5 |
+2.5 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
310 |
+5 |
|
ST12 |
1.0 mm x 1,250 x C |
335 |
+5 |
|
ST12 |
0.6 mm x 1,250 x C |
345 |
+5 |
|
HRP |
Q235 |
20 mm |
280 |
- |
Shipbuilding Plate |
CCSA/B |
20 mm |
295 |
- |
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
630 |
- |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
415 |
- |
|
SGCC |
0.5 mm x 1,000 mm x C |
425 |
- |