02
Jul
13:45
Chinese HRC stabilises, export tax expectations fragment
With China focused on market stability amid celebrations for the 100th anniversary of the Communist Party of China last week, Chinese hot rolled coil prices remained relatively stable, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 5,460-5,480/tonne ($842-846/t), down CNY 25/t from the previous Friday. On the Shanghai Futures Exchange, October 2021 HRC futures closed CNY 10/t lower than Thursday …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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