It is reported that Chinese domestic cold rolled steel coil prices are still on the rise, but there is quite few transaction due to coming Chinese spring festivals. This is also the case with export market
On Shanghai market, 1.0mm CR sheet by Anshan steel improved by CNY 50 per tonne to CNY 4700 per tonne from last Friday. That for 1.2mm to 2.0mm material goes at CNY 4580 per tonne. While that for 1.0 CR coil by Maanshan steel goes at CNY 4500 per tonne.
Export offer for DC01 1.0mm CRC goes at around USD 615 per tonne to USD 640 per tonne FOB, stable with last week. There is almost no export activity and most traders have been in holiday.