China’s HRC prices slump as bearish sentiment grows

China’s hot rolled coil prices fell sharply on Friday April 7 as bearish sentiment grew amid successive drops in the billet market.


Key drivers

The price of billet, a major indicator of the health of the steel industry, is down 190 yuan ($28) per tonne since the late afternoon of Thursday, which...

Published

Gladdy Chu

April 07, 2017

10:01 GMT

Shanghai