06
Dec
06:29
Chinese HRC prices strengthen further
Chinese domestic hot rolled coil prices continued to rise strongly last week, and mills also raised export offers. However, sales are already slowing towards the end of the year, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was trading at CNY 3,780-3,790/tonne ($526-538/t), CNY 80/t higher from the previous Friday. On the Shanghai Futures Exchange, the January 2020 HRC contract closed CNY 2/t higher than Th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous