WEEKLY: China's HRC export prices dip after holiday

China's export prices for carbon steel hot-rolled coil (HRC) edged down slightly during October 8-10, the working days immediately following China’s National Day holiday. On October 10, Mysteel assessed the export price of SS400 3mm commercial-grade HRC at North China's Tianjin port lower by $3/tonne from the pre-holiday level at $495/t FOB.

Export offers for HRC at Tianjin port were heard at around $500/t FOB on October 9, while those at North China's Jingtang port were around $495/t FOB, according to Mysteel's market roundup. China's hot coil export market quietened down during the holiday. Mills and traders only began offering after the break, with overseas