03
Jan
09:25
Chinese HRC prices maintain stable uptrend
Chinese domestic hot rolled coil prices have steadily climbed over the last week, with commodity grade mostly available only from northern mills. Export prices meanwhile have shown a sharper uptrend as Vietnamese market demand has been strong, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was trading at CNY 3,910-3,930/tonne ($561-564/t), CNY 10/t higher from the previous Friday. On the Shanghai Futures Exchange, the May 202…
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Anonymous
Very good overview of the weekly steel market.
Anonymous