Skip Navigation LinksHome|Methodology & Reference|Price Assessments| FOB China HRC Price Assessment Explained | Platts

Platts FOB China HRC: Metals Price Assessments

What is Platts FOB China HRC?

Platts FOB China Hot Rolled Coil assessments are assessments of the spot price of physical hot rolled steel coil. The assessments reflect the prices of commercial grade and re-rolling grade coils exported from China.

Platts started assessing HRC prices in January 1, 2006. The assessment was initially on a monthly basis and subsequently on a weekly basis. Starting June 1, 2015, we have been assessing HRC export prices on a daily basis, reflecting the increase in the volume of Chinese exports and their growing influence on regional and global HRC pricing.

How do we assess FOB China HRC?

Ver menos   Platts: minus

Platts publishes two FOB China HRC assessments: one reflective of SS400 or equivalent commercial grade coil, with thickness of 3 mm; the other, the premium that SAE1006 or equivalent re-rolling grade coil with thickness of 2 mm, commands over the commercial grade coil.

Other specifications underlying the assessments include width of 1,200-1,500 mm, cargo size of 5,000 mt and a shipment date between one to two months forward from the date of publication. Detailed specifications can be found in the Steel and Ferrous Scrap Methodology & Specifications Guide.

Platts gathers and verifies information including trades, bids and offers from buyers and sellers active in the physical spot market, including producers, traders and end-users. Platts information sources span the range of participants in this market from those located in China to those in South Korea and Vietnam.

The data obtained by Platts, including transactions, bids and offers, are normalized for quality, dimensions, delivery timing, location and other terms of trade to the specifications underlying the two HRC assessments.

Typically, information gathered are for material produced by so-called first tier and other mainstream Chinese steelmakers.

Platts FOB China HRC assessments reflect spot market value as of 5.30 pm in Singapore/Beijing.

Steel, Ferrous Scrap, Ferroalloys & Noble Alloys Methodology Guide


March 29, 2016
Paul Bartholomew examines why China's steel market has been heating up since the start of 2016.

How do I access the price of FOB China HRC?

The FOB China HRC price assessment is alongside other global steel prices available in the following Platts services.

Platts Market Data - Metals

  • This service provides you with our end-of-day assessments, corrections, third-party data, and a rolling 45-day historical database, market price data for metals
  • The most efficient and reliable way to receive our industry-standard benchmark price assessments data
  • Complete and custom historical ferrous and non-ferrous price data sets are also available

Daily Briefing

  • This in-depth newsletter details metal market movements
  • Features news, analysis, daily pricing, and market commentary
  • Covers flats, longs, semis, tubes, pipes, stainless, alloy prices and more

Platts Metals Alert

  • Get a complete picture of the global metals market delivered in real time exchange closing prices and fundamental updates
  • Comprehensive coverage of all the major metals including steel, scrap, rebar, ferroalloys, aluminum and non-ferrous metal prices
  • Detailed market commentary and analysis covering industry developments and price discovery

Metals Industry Conferences, Forums and Events

    Training & Events Metals

    See all Metals Events

    Platts Market On Close Video

    View the Platts Market On Close Video

    Other Related Products

    Steel Markets Daily
    Platts Steel Data and Analysis

    Contact Us

    Metals Editorial Team
    Sales and Customer Services

    Copyright © 2018 S&P Global Platts, una división de S&P Global. Todos los derechos reservados.