Cookie & Privacy Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. View the privacy policy to find out more here.
Latest prices

Latest news

02 Jun

Chinese domestic HRC bottoms out, exports remain weak

Market sentiment turned positive from Thursday last week after the Caixin China manufacturing PMI was released. This boosted hot rolled coil futures and spot prices in China, Kallanish notes. In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,850-3,870/tonne ($544-547/t), up CNY 70/t from a week earlier. On the Shanghai Futures Exchange, meanwhile, the most-traded October 2023 contract for HRC gained CNY 58/t from …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
Login to read article
– OR –
Signup for a Free Trial
Share article
Twitter X

Take a Free trial

Get daily steel news redirect to your inbox each day,
along with prices.