China’s mills have announced flat steel prices for January. Averagely, the HRC export price went up by US$10~20/ton.
On the other hand, CRC price difference was quite big. The first-tier mill announced the CRC base price is about US$710/ton, but the second-tier mill quotes the same product at only US$610/ton. Prices will be depending on different steel grade and order quantity.
CGI base price also increased slightly in line with higher carbon steel price.
Source: Yieh.com