As of March 22, average Chinese flat steel product export offers have mostly softened week on week. At present, export offers for boron-added 5.75 mm hot rolled coil (HRC) given by Chinese suppliers are at $600-610/mt FOB, while export offers for 1.0 mm cold rolled coil (CRC) given by Chinese suppliers are in the range of $625-635/mt FOB.
Flat steel product export prices from China declined in the first part of the past week, but later moved sideways - similar to the movement of prices in the domestic finished steel market. It is thought that Chinese flat steel product export prices will likely move sideways in the coming week.
|
Product name |
Quality |
Spec. |
Price ($/mt) FOB |
Weekly change ($/mt) |
|
HRC |
Q235B/SS400 |
5.75 mm x 1,500 x C |
605 |
↓5 |
|
Q235B/SS400 |
2.75 mm x 1,250 x C |
660 |
↓5 |
|
|
CRC |
ST12 |
1.0 mm x 1,250 x C |
630 |
↓5 |
|
ST12 |
0.6 mm x 1,250 x C |
655 |
↓5 |
|
|
HRP |
Q235 |
20 mm |
595 |
↓5 |
|
Shipbuilding Plate |
CCSA/B |
20 mm |
615 |
0 |
|
HDG |
SGCC |
1.0 mm x 1,250 mm x C |
710 |
↓5 |
|
SGCC |
0.5 mm x 1,000 mm x C |
745 |
↓5 |
|
|
PPGI |
CGCC |
0.476 mm x 1,000 mm x C |
845 |
0 |