Chinese HRC prices rise on high raw material costs

Chinese hot-rolled coil prices moved higher in the domestic market on Monday November 27, supported by relatively high input costs and lingering stimulus expectations, sources told Fastmarkets.

Domestic

Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 3,980-3,990 yuan ($557-558) per tonne on Monday, up by 20 yuan per tonne from 3,960-3,970 yuan...

Published

Zihuan Pan

November 27, 2023

09:35 GMT

Shanghai