Chinese HRC prices rise on higher costs

Chinese hot-rolled coil prices rose on Tuesday September 19, with higher costs encouraging investors to build futures positions, market participants told Fastmarkets.

Domestic

Fastmarkets’ price assessment for steel HRC domestic, ex-whs Eastern China (Shanghai) was 3,920-3,940 yuan ($537-540) per tonne on Tuesday, up by 50-60 yuan per tonne from 3,870-3,880 yuan per...

Published

Zihuan Pan

September 19, 2023

10:06 GMT

Shanghai