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Chinese CRC, HDG export offers rise further

March 12, 2010 - 06:58 GMT Location: Shanghai

KEYWORDS: china , hdg , crc , export , price

Export offers of Chinese cold rolled and hot-dipped galvanized coil have been raised again for May and June shipments, tracking hot rolled coil offers.

Rising domestic market prices and higher international offers have bolstered prices. Prevailing export quotations were $735-740 per tonne fob for 1mm cold rolled coil and $770-780 fob for 1mm hot-dipped galvanized coil, an increase of $30 per tonne from March 1. "Expected increases in [steel prices] in the next...

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