27
Dec
05:10
China HRC prices remain on uptrend
Chinese domestic hot rolled coil prices have remained on a stable uptrend, with standard grades and sizes becoming less available. Export offers to Southeast Asia have also increased, and more Chinese mills can accept rising bids, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was trading at CNY 3,900-3,920/tonne ($557-560/t), CNY 5/t higher from the previous Friday. On the Shanghai Futures Exchange, the May 2020 HRC contract clos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous