Chinese H-beam export offers rise on back of increased domestic prices

Ex-China H-beam export offers have climbed up in line with the increased H-beam prices in the Chinese domestic market. Currently, export offers from China for 200 x 200 mm, 8 x 12 mm H-beam (without boron) stand at $690/mt FOB, for January shipments. Meanwhile, export offers for 588 x 300 mm, 8 x 12 mm H-beam (without boron) are standing at $710/mt FOB. The prices of the abovementioned products in China’s domestic market are RMB 4,550/mt ($683/mt) and RMB 4,650/mt ($698/mt) respectively.