Chinese CRC, HDG export prices continue to fall after futures decline, weaker yuan

Chinese cold-rolled and hot-dipped galvanized steel coil export prices continued to fall in the week to Tuesday August 15, due to extended losses in steel futures prices and the weaker Chinese currency.

The continued price downtrend and volatile exchange rates kept overseas buyers in wait-and-see mode and limited export trading in Chinese CRC and HDG in the week to Tuesday, market participants...


Zihuan Pan

August 15, 2023

10:54 GMT