06
Aug
15:39
Chinese domestic HRC inches lower, exports in lull
Chinese hot rolled coil prices, alongside other steel products, were hit by hints of a possible steel output rebound last week, but prices then rebounded slightly after officials denied production cuts, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 5,850-5,870/tonne ($904-907/t), down CNY 200/t from the previous Friday. On the Shanghai Futures Exchange, October 2021 HRC futures closed CNY 39/t h…
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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