Chinese HRC export prices hit new low amid market lull

China’s hot rolled coil export prices continued to hit new lows over the past week, as most mills dropped their offers to secure sales amid a weak market.

Base export transaction prices for commercial-grade, boron-containing HRC were at $365-370 per tonne fob for late May or June shipment on Monday April 13, flat with Steel First’s assessment on Friday April 10, but down $5-10 per tonne from levels at the beginning of the month. Prices are now at their lowest level since...


Della Fu

April 13, 2015

08:50 GMT