Chinese HRC prices fall amid across-the-board decline in ferrous futures

Chinese hot-rolled coil prices fell across the domestic and export markets on Monday March 20, with futures prices for finished steel and steelmaking raw materials falling across the board due to weaker demand, sources said.

Domestic

Fastmarkets’ price assessment of steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 4,350-4,360 yuan ($631-633) per tonne on Monday, down by 50 yuan per tonne on March 17...

Published

Zihuan Pan

March 20, 2023

09:54 GMT

Shanghai