Chinese HRC export offers fall on stagnant domestic market

China’s export prices for hot rolled coil moved down over the past week amid a stagnant domestic market.

Base export offer prices for February/March shipments of commercial-grade, boron-containing HRC were at $500-510 per tonne fob on Monday January 23, down $10 per tonne from last week.
This brought base export transaction prices for the same product down by the same amount to $500-505 per tonne fob.

Domestic HRC prices in eastern China had surged at...

Published

Jessica Zong

January 23, 2017

05:37 GMT

Shanghai