Chinese domestic HRC prices rise after NDRC unveils support package for private companies

China’s domestic hot-rolled coil prices increased on Thursday July 20 after the National Development & Reform Commission (NDRC) unveiled a support package for the development of private companies.


Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 3,900-3,910 yuan ($540-542) per tonne on Thursday, up by 50 yuan per tonne from 3,850-3,860 yuan...


Jessica Zong

July 20, 2023

11:14 GMT