SteelOrbis has been informed that ex-China offers for DC01 1 mm x 1,250 mm x C cold rolled coil (CRC) are at the price level of $710-730/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for November-December shipment.
During the past week, China's HRC export offers were basically stable, with current mainstream export quotations from domestic mills standing at $710-730/mt FOB. Meanwhile, China's CRC export quotations have lost their price advantage, as ex-CIS offers of CRC are significantly lower than China's, and so international buyers prefer to purchase from the CIS.