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16 Jul
14:33

Chinese HRC prices hiked, exports keep mute

The release of funds and practical measures to reduce output in more provinces have kept pushing up Chinese hot rolled coil prices last week. Demand however remained at low level without significant improvement in either domestic or export markets, Kallanish notes. In Shanghai on Friday afternoon, 5.5x1,500mm Q235 hot rolled coil was traded at around CNY 5,920-5,940/tonne ($915-918/t), up CNY 200/t from the previous Friday. On the Shanghai Futures E…
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