08
Nov
07:19
Chinese HRC prices rise as imports trump exports
Chinese domestic hot rolled coil prices have climbed a little compared to last Friday. The domestic market had been generally stable in recent weeks, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was trading at CNY 3,540-3,560/tonne ($507-510/t), CNY 25/t higher from the previous Friday. On the Shanghai Futures Exchange, the January 2020 HRC contract closed CNY 10/t lower than Thursday and CNY 4/t lower over the week at CN…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous