Chinese HRC prices dip despite SHFE rally

Spot prices for hot-rolled coil in China’s domestic market extended their decline on Friday September 22, despite a rally in futures prices for the flat steel product.

Domestic

Fastmarkets’ price assessment for steel HRC domestic, ex-whs Eastern China (Shanghai) was 3,860-3,880 yuan ($528-531) per tonne on Friday, down by 10 yuan per tonne from 3,870-3,890 yuan per...

Published

Zihuan Pan

September 22, 2023

10:03 GMT

Shanghai