Chinese HRC prices fall on weaker raw materials futures

Spot prices for Chinese hot-rolled coil moved down on Monday December 4, after a decline in steelmaking raw materials futures values, sources told Fastmarkets.

Domestic

Fastmarkets’ price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 3,960-3,970 yuan ($555-557) per tonne on Monday, down by 20 yuan per tonne from 3,980-3,990 yuan...

Published

Zihuan Pan

December 04, 2023

09:41 GMT

Shanghai