Average Chinese hot rolled coil and cold rolled coil export offers have indicated an upward trend in the past week, though export prices of other flat steel products have remained stable. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $570-590/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $610-620/mt FOB.
Against the backdrop of Chinese producers’ higher domestic prices for September shipment and positive market sentiment, it is thought that flat steel offer prices from China may edge up slightly or move sideways in the coming week.
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
Q235B/SS400 |
5.75 mm x 1,500 x C |
580 |
↑30 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
615 |
↑30 |
|
ST12 |
1.0 mm x 1,250 x C |
615 |
↑15 |
|
ST12 |
0.6 mm x 1,250 x C |
640 |
↑15 |
|
HRP |
Q235 |
20 mm |
540 |
0 |
Shipbuilding Plate |
CCSA/B |
20 mm |
560 |
0 |
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
660 |
0 |
SGCC |
0.5 mm x 1,000 mm x C |
680 |
0 |
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
790 |
0 |
