WEEKLY: China's HRC export prices hold steady

China’s export price of SS400 3mm hot-rolled coil (HRC) under Mysteel’s assessment at North China's Tianjin port stood unchanged during the week of January 19-23 at $460/tonne FOB, Mysteel's latest market roundup showed.

Offering prices for hot coil for export centered around $467-475/t FOB China last week, with transaction prices hovering around $460/t FOB. Turkish buyers were heard buying 50,000 tonnes of Chinese hot coils at $460/t FOB at North China's Bayuquan port last week, with most market participants regarding the price as an indicator of the