07
Feb
09:11
Coronavirus epidemic drags down Chinese HRC prices
Chinese HRC markets quietened further on Friday with few deals. More offers were being made however as traders slowly return to market. Both domestic and export prices were falling to different extents, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was tradable at around CNY 3,570-3,580/tonne ($557-559/t), CNY 300/t lower from the previous Friday. On the Shanghai Futures Exchange, the May 2020 HRC contract closed CNY 13/t hi…
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