Chinese HRC prices rise following ferrous futures rally

Spot prices for Chinese hot-rolled coil rose on Wednesday December 6, following a rally across futures prices for ferrous products, sources told Fastmarkets.

Domestic

Fastmarkets’ daily price assessment for steel hot-rolled coil domestic, ex-whs Eastern China (Shanghai) was 3,970-3,980 yuan ($556-557) per tonne on Wednesday, up by 20 yuan per tonne from 3,950-3,960...

Published

Zihuan Pan

December 06, 2023

10:17 GMT

Shanghai