28
Aug
11:12
Chinese domestic HRC falls, export prices rise
Chinese domestic hot rolled coil prices fell back last week. The start of the peak demand season has so far not met traders' expectations, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,030-4,050/tonne ($587-590/t), down CNY 55/t from the previous Friday. On the Shanghai Futures Exchange, the October 2020 HRC contract closed CNY 19/t higher than Thursday and CNY 5/t higher over the week at …
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Anonymous
Very good overview of the weekly steel market.
Anonymous