WEEKLY: China's HRC export prices mark time

China's export prices for carbon steel hot-rolled coil (HRC) were stable overall during the week of September 20-24, with Mysteel assessing the export price of SS400 3mm commercial-grade HRC at North China's Tianjin port on September 24 lower by a tiny $1/tonne on week at $498/t FOB.

Export offers for HRC from mainstream state-owned mills in the Bayuquan Port area in Northeast China's Liaoning were heard during the week at around $505-520/t FOB, with transaction prices centering on $505/t FOB. Traders at Tianjin Port were offering at around $495-500/t FOB, according to Mysteel's market roundup. However, overseas end-buyers didn't show much interest