23
Dec
12:25
Chinese HRC export market rushes to $700
Although Chinese hot rolled coil prices were falling on Wednesday, bullish sentiment is still predominant in both domestic and export markets. HRC export prices have rushed to around $700/tonne fob China, after reaching $700/t cfr Vietnam last week, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 4,830-4,850/tonne ($739-742/t), up CNY 200/t from the previous Friday. On the Shanghai Futures Ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous