16
Apr
18:24
Chinese HRC hikes further in export markets
Chinese hot rolled coil export prices have been hiked further as the overseas economic recovery continues, while prices slightly declined domestically as end users tried to drive down high prices. HRC production has also declined, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 5,510-5,520/tonne ($845-847/t), down CNY 10/t from the previous Friday. On the Shanghai Futures Exchange, October 2021 HRC fut…
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Anonymous
Very good overview of the weekly steel market.
Anonymous