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Sep
11:01
Chinese HRC awaits guidance before peak season opens
China’s hot rolled coil transactions saw limited improvement last week but prices were supported by coal-related raw materials. The market is looking forward to the peak season, although it may come a little later than usual, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,920-3,940/tonne ($540-543/t), up CNY 20/t from the prior week. On the Shanghai Futures Exchange, the most-traded October&nb…
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Anonymous
Very good overview of the weekly steel market.
Anonymous