WEEKLY: China's HRC export prices dip

Chinese export prices for commercial-grade hot-rolled coils (HRC) trended slightly lower during September 6-12, while overseas demand for China-origin coils was a little slow, Mysteel's weekly market roundup shows.

Earlier in the week, mainstream offers from Chinese mills remained flat from the previous week at $470-474/tonne FOB, while counter bids from overseas traders still came below $470/t FOB, with few deals reached. By mid-week, mainstream offering prices were around $475-480/t FOB, while the tradable level was lower by $5/t at around