China’s CRC, HDG export prices rise amid stable domestic market

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil experienced an uptick during the week to Tuesday January 7 after steelmakers issued higher offers amid stable domestic prices.

“Trading activity has been limited because customers are just beginning to return following the New Year holiday and not have not made many inquiries,” a trader source in Tianjin said.
Cold-rolled coil
Fastmarkets’ weekly price assessment for steel cold-rolled coil export, fob China was $535-540 per tonne on Tuesday, up by $5 per tonne from a week earlier.

Liaoning-based Benxi Iron & Steel on Tuesday issued an offer of...


Lee Ken Kiat

January 07, 2020

08:32 GMT