Chinese CRC, HDG export prices narrow upward or unchanged amid thin trading

Export prices for Chinese cold-rolled coil and hot-dipped galvanized steel coil narrowed upward or remained unchanged in the week to Tuesday November 28, with sharply higher prices subduing trading, sources told Fastmarkets.

The recent rally in steel futures prices and strengthened yuan encouraged mills to raise their export offers, which, however, reduced the appeal of Chinese cargoes among overseas buyers and muted...


Zihuan Pan

November 28, 2023

10:30 GMT