While China’s HRC and plates export offers registered a fall of USD 5/MT, CRC offers remained unchanged this week. Country’s domestic flat steel prices this week, also ended lower than the previous week.
CIS countries flat products export offers registered a fall this week amid sluggish demand. While, its domestic HR/CR and plates prices increased by RMB 2,000-3,500/MT.
Both domestic and imports HRC and CRC prices in Middle East countries have remained flat this week.
India’s HRC export offers registered a fall of USD 5-10/MT amid weak buying interest from overseas buyers.
Hot Rolled Coil
|
Countries |
Prices/MT |
W-o-W change/MT |
| FoB China | USD 330-335 | USD 5 |
| FoB India | USD 405-410 | USD 5-10 |
| Ex-Shanghai | RMB 2,490-2,500 | RMB 20-30 |
| FoB Black Sea | USD 370 | USD 10-15 |
| Cpt-Moscow | RUB 36,800-38,400(USD 575-599) | RUB 2,000 (USD 30) |
| CFR Turkey | USD 380 | USD 15-20 |
| Saudi Arabia Domestic HRC | SAR 1,631 (USD 435) | – |
| UAE Import price | USD 360-380 | – |
Cold Rolled Coil
|
Countries |
Prices/MT |
W-o-W change/MT |
| FoB China | USD 385-390 | – |
| FoB Black Sea | USD 430 | USD 10-15 |
| Cpt-Moscow | RUB 42,500-43,500(USD 655-678) | RUB 2,500 (USD 40) |
| CFR Turkey | USD 430 | USD 35-40 |
| CFR UAE | USD 480-490 | – |
| FoB India | USD 500-530 | – |
Plates
| Countries | Prices/MT | W-o-W change/MT |
| FoB China | USD 330-335 | USD 5 |
| FoB Black Sea | USD 370-440 | USD 65-70 |
| Cpt-Moscow | RUB 40,000-40,500(USD 624) | RMB 3,000(USD 10-12) |
Leave a Reply