16
Oct
11:56
Chinese HRC becalms at home, exports recover
China's domestic hot rolled coil market remained calm last week. After the price rebound in the first week after the long October holiday, demand stabilised and prices settled, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,890-3,910/tonne ($580-583/t), representing no change from the previous Friday. On the Shanghai Futures Exchange, the October 2021 HRC contract closed CNY 15/t highe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous