WEEKLY: China's HRC export prices rise, trades still limited

Chinese export prices for commercial-grade hot-rolled coils (HRC) climbed during August 9-15, while overseas buying for China-origin coils remained limited, Mysteel's weekly market roundup shows.

As of August 15, the export price of SS400 3.0mm HRC had risen by $5/tonne on week to $480/t FOB from North China's Tianjin port, the highest level so far this year, according to Mysteel's estimate based on mainstream offering prices. Export prices were buoyed by improving market sentiment as