12
Mar
11:27
Chinese domestic HRC prices hike, exports calm
Chinese domestic hot rolled coil prices fluctuated frequently last week as sentient swung wildly, while exports were relatively calm amid quiet trading. Demand has been improving and HRC inventories have seen their first drop since the Chinese New Year holiday, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,970-4,980/tonne ($764-765/t), up CNY 115/t from the previous Friday. On the Shanghai Futures …
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Anonymous
Very good overview of the weekly steel market.
Anonymous