16
Sep
13:55
Chinese domestic HRC inches down, seeks Korean chances
Chinese hot rolled coil prices have fallen again after recent hikes due to restocking ahead of the Mid-Autumn Festival. Exports remained low but some exporters were trying to seek chances in South Korean import markets, Kallanish observes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,890-3,920/tonne ($554-558/t), down CNY 50/t week-on-week. On the Shanghai Futures Exchange, meanwhile, the most-traded, January 2023…
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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