Chinese flat steel export offer prices edge down for some products

Thursday, 18 October 2018 15:12:28 (GMT+3)   |   Shanghai
       

During the week ending October 18, average Chinese flat steel export offer prices have decreased for cold rolled coil (CRC), hot dip galvanized (HDG) and pre-painted galvanized iron (PPGI), while moving stable for other products. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $560-570/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $600-610/mt FOB. 

It is thought that flat steel product export prices from China will move sideways in the coming week. 

Product name

Quality

Spec.

Price ($/mt) FOB

Weekly change ($/mt)

HRC

Q235B/SS400

5.75 mm x 1,500 x C

565

0

Q235B/SS400

2.75 mm x 1,250 x C

620

0

CRC

ST12

1.0 mm x 1,250 x C

605

↓5

ST12

0.6 mm x 1,250 x C

630

↓5

HRP

Q235

20 mm

605

0

Shipbuilding Plate

CCSA/B

20 mm

625

0

HDG

SGCC

1.0 mm x 1,250 mm x C

670

↓10

SGCC

0.5 mm x 1,000 mm x C

705

↓10

PPGI

CGCC

0.476 mm x 1,000 mm x C

820

↓10


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