19
Jun
12:17
China's HRC jumps on firm outlook
China's domestic hot rolled coil market remained on an uptrend last week. The positive outlook for downstream industries such as automotive and home appliances has pushed up market confidence, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,770-3,780/tonne ($533-534/t), up CNY 105/t from the previous Friday. On the Shanghai Futures Exchange, the October 2020 HRC contract closed CNY 30/t …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous