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31 Jan
09:03

Chinese HRC prices remain stable

The Chinese HRC market remained quiet on Friday as most traders will not start to work before next Monday and offers are so far stable. Export offers are also steady, while few mills have announced their prices, Kallanish notes. In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was tradable at around CNY 3,870-3,880/tonne ($557-559/t), the same level as just before the New Year holiday. The Shanghai Futures Exchange remains closed until 3 Februa…
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