Ex-China flat steel offers register significant price hike

SteelOrbis has learned that Chinese offers to the export markets for SS400 grade 3-12 mm x 1,500-2,000 mm boron-added hot rolled coil (HRC) have increased by $25/mt since last week to $575-600/mt FOB on actual weight basis, including nine percent export tax rebate, and for February shipments.
 
In the meantime, ex-China offers for DC01 1 mm x 1,250 mm x C cold rolled coil (CRC) have also followed an upward trend, increasing by $10-15/mt to $650-660/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for February shipment.
 
SteelOrbis has further learned that Chinese offers to the export markets for DX51D 0.8-1.0 mm x 1,219 mm 120 gr/m² zinc coated hot dip galvanized (HDG) coils have moved up by $15/mt and are now at $705-720/mt FOB, including 13 percent export tax rebate, on actual weight basis, for payments via letter of credit and for February shipments.