WEEKLY: Chinese HRC export prices inch up, trades thin

Chinese export prices for commercial-grade hot-rolled coils (HRC) rose slightly over August 2-8, while overseas buying for China-origin hot coils stayed thin, Mysteel's weekly market roundup shows.

As of August 8, the export price of SS400 3.0mm HRC under Mysteel's assessment had risen by $3/tonne on week to $475/t FOB from North China's Tianjin port, offsetting the $3/t dip logged in the previous week. The on-week uptick in HRC export prices was mainly driven by a fresh round of coke