China’s spot HRC prices stable ahead of New Year holiday

China’s domestic hot rolled coil market remained flat on Tuesday December 31, as participants were cautious about price movements ahead of the New Year holiday.

Commercial-grade HRC (4.5-12mm) in Shanghai traded at 3,480-3,520 yuan ($569-576) per tonne, unchanged since last Monday. In Beijing, the same product was traded at 3,390-3,400 yuan ($554-556) per tonne, unchanged...


December 31, 2013

08:45 GMT