China’s export prices for CRC, HDG up, but pace slows

China’s export prices for cold rolled coil and hot dipped galvanized coil continued to strengthen over the past week, though the rate of increases has slowed down amid weakness in the country’s domestic market.

Cold rolled coil
Metal Bulletin’s assessment of prices for November shipments of SPCC 1.0mm CRC was $615-620 per tonne fob for the week ended Tuesday September 19, up $5 per tonne from a week earlier.

A Shanghai-based export trader said he had sold 1,000 tonnes of CRC at $615 per tonne fob to Southeast Asia last week while a counterpart of his in Hangzhou reported a sale involving a small shipment to the Middle East done at $620 per tonne...


Gladdy Chu

September 20, 2017

07:18 GMT