Fastmarkets MB’s weekly export price assessment for Chinese SPCC 1.0mm CRC was $520-525 per tonne fob China on Tuesday January 22, narrowing upward by $2 per tonne from $518-525 per tonne fob a week earlier.
No sales of CRC were reported over the past week.
One deal involving Chinese cold-rolled full-hard coil - an upstream product of CRC prior to annealing - was concluded at $515 per tonne cfr to Taiwan late last week. This price is equivalent to around $520 per tonne fob China for the assessed CRC product.
Chinese mills kept their CRC asking prices unchanged.
Liaoning-based major steelmaker...