Chinese HRC prices unchanged amid lingering demand concerns

China’s hot-rolled coil prices were unchanged across the domestic and export markets on Wednesday March 22, with market sentiment still subdued by concerns over demand recovery and the bank turmoil in the US and Europe.

Domestic
Fastmarkets’ price assessment of steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 4,300-4,320 yuan ($624-627) per tonne, unchanged from March 21.

The most-traded May HRC futures...

Published

Zihuan Pan

March 22, 2023

10:22 GMT

Shanghai