Chinese CRC, HDG export prices widen following SHFE rally

Export prices for Chinese cold-rolled coil and hot-dipped galvanized steel coil widened up at the top end of the range in the week to Tuesday July 4 after a rally in steel futures prices.

The futures rally encouraged some Chinese mills and buyers overseas to accept higher prices, while some mills kept their offers stable given the continued weakness in demand.

The most-traded contract...


Zihuan Pan

July 04, 2023

12:25 GMT