China HRC prices narrow up following early futures gains

Chinese domestic hot-rolled coil prices increased slightly on Friday June 2 after an early rally in the futures market, but market participants became less bullish as the day progressed, sources told Fastmarkets.


Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 3,790-3,800 yuan ($533-535) per tonne on June 2, narrowing up by 40 yuan per tonne from...


Jessica Zong

June 02, 2023

10:34 GMT