Chinese PPGI export offers

SteelOrbis has learned that ex-China offers for 0.4 mm x 1,000 mm 120 gr/m2 zinc coated PPGI are currently standing at $1,080-1,090/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for April shipments. This price level indicates an increase of $80-90/mt, as compared to the period before the Chinese lunar New Year holiday.