WEEKLY: China steel export price nudges up, trade slack

China’s steel exports stayed slack over August 23-27, though actual transaction and offer prices inched up in tandem with the recovery in the domestic steel prices, Mysteel’s latest weekly survey showed.

As of August 27, China’s export price of the SS400 4.75mmhot-rolled coil (HRC)recovered $6/tonne on week to $932/t and that of SPCC 1.0mm cold-rolled coil (CRC) also inched up $6/t on week to $1,020/t, both in terms of FOB Tianijn portin North China, Mysteel’s assessments showed. “China’s steel exporters had