29
May
09:27
Chinese HRC prices rise steadily
Chinese domestic hot rolled coil prices rose in the latter half of last week, although the market had not been strong earlier in the week. Meanwhile Chinese export offers remained unchanged, but overseas prices dropped a little, Kallanish notes.
In Shanghai on Friday afternoon, 5.5x1,500mm Q235 HRC was traded at around CNY 3,610-3,630/tonne ($505-508/t), up CNY 55/t from the previous Friday but down from the morning. On the Shanghai Futures Exchange, the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous