05
Jul
09:31
Chinese HRC holds steady after broad fluctuations
Chinese hot rolled coil prices on Friday almost returned to the level registered one week earlier after wide-ranging fluctuations, Kallanish learns.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235B HRC was traded at around CNY 3,720-3,740/tonne ($512-515/t), up just CNY 10/t on-week. On the Shanghai Futures Exchange, the most-traded October 2024 contract for HRC lost CNY 42/t from Thursday but gained CNY 14/t on-week to CNY 3,7…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous