China HRC prices continue to fall ahead of Golden Week holiday

Chinese hot-rolled coil prices continued their downtrend on Tuesday September 26, with pre-Golden Week stockpiling in China failing to meet expectations, sources told Fastmarkets.

Domestic

Fastmarkets’ price assessment for steel HRC domestic, ex-whs Eastern China (Shanghai) was 3,790-3,800 yuan ($518-520) per tonne on Tuesday, down by 40-50 yuan per tonne from 3,830-3,850 yuan per...

Published

Zihuan Pan

September 26, 2023

10:02 GMT

Shanghai