WEEKLY: Export prices of Chinese flats, longs split

China's steel export prices diverged last week, Mysteel's latest weekly report shows, as rebar export prices declined further with the fall in global prices, while prices for China-origin hot-rolled coil (HRC) firmed somewhat, thanks to the domestic market recovery.

As of November 26, the export price of B500B rebar was assessed by Mysteel at $753/tonne FOB from East China's Zhangjiagang port, lower by another $3/t from one week before. Chinese rebar exports shrank significantly last week as the prices offered by Chinese mills and traders were not competitive in