Chinese CRC, HDG export prices flat in quiet market

January 03, 2019 / www.metalbulletin.com / Article Link

Export prices for Chinese cold-rolled coil and hot-dipped galvanized coil were unchanged over the past week amid illiquid spot trading and a lack of fresh offers from mills.

Cold-rolled coilFastmarkets MB's weekly export price assessment for Chinese SPCC 1.0mm CRC was $525-535 per tonne fob China on Wednesday January 2, the same as a week earlier. No deals were reported during the past week. Market participants estimated that the tradable price remained within $525-535 per tonne fob.No new firm offers were heard from steelmakers either."It's too early for mills to release new [asking] prices because the new year just started," a Beijing-based...

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