Better-than-expected manufacturing data boosts Chinese HRC prices

Domestic and export hot-rolled coil prices in China rose on Thursday August 31, supported by the release of better-than-expected manufacturing data from the country earlier in the day.


Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai), was 3,900-3,910 yuan ($536-538) per tonne on Thursday, up by 60 yuan per tonne from 3,840-3,850 yuan...


Jessica Zong

August 31, 2023

10:48 GMT