25
Aug
08:48
Chinese HRC maintains pricing levels amidst the hush
Chinese hot rolled coil prices remained volatile in a small range last week and awaited the establishment of a new direction. The macro side and fundamentals basically showed no major changes, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,900-3,920/tonne ($535-538/t), remaining unchanged from a week earlier. On the Shanghai Futures Exchange, the most-traded October 2023 contract for HRC gained …
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Anonymous
Very good overview of the weekly steel market.
Anonymous