China’s export prices for CRC, HDG rise further on domestic market gains

Export prices for China-origin cold rolled coil (CRC) and hot dipped galvanized coil (HDG) have increased for a second week following a price rise in the country’s domestic market.

Cold rolled coil
Metal Bulletin’s assessment of prices for August/September shipments of SPCC 1.0mm CRC was $485-495 per tonne fob for the week ended Tuesday June 27, up by $10-15 per tonne from last week’s assessment.

According to market participants, although major mills in China such as Benxi Iron & Steel rolled over offer prices at $500 per tonne fob on Tuesday, the bargaining margin has narrowed...

Published

Gladdy Chu

June 28, 2017

05:00 GMT

Shanghai