China’s CRC, HDG export prices mostly stable amid sustained strength in domestic market

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were mostly stable during the week to Tuesday December 10 amid continued gains in the Chinese domestic market.

Producers raised their asking prices for exports but buyers were not willing to pay the higher prices for now, according to market participants.
Cold-rolled coil
Fastmarkets’ weekly price assessment for steel cold-rolled coil export, fob China, was $515-520 per tonne on Tuesday December 10, unchanged from a week earlier.

Liaoning-based Benxi Iron & Steel on Tuesday issued an offer of $535 per tonne fob for February 2020-shipment CRC, up $5 per tonne from...

Published

Lee Ken Kiat

December 10, 2019

10:07 GMT

Singapore