Chinese cold steel coil’s export prices remains stable although domestic market prices are soft.

On Shanghai market, Anshan steel’s price of 1.0mm CR sheet is being quoted at RMB7,100/ton, 1.2mm to 2.0mm is RMB6,970/ton. Well, export price for 1.0mm CRC remain at US$1,130 to 1,140/ton FOB, and it seems the prices will hold steady for several weeks, but export volume is likely to decrease. – Yieh