China’s HRC prices plunge as buyers pull back on worsened sentiment

China’s hot rolled coil prices tumbled on Monday April 24 as buying interest plummeted on the back of losses in the billet and futures market.

Key drivers

The price drop for billet on Sunday, and the sharp decline of HRC futures immediately after the trading session started on Monday morning collectively dragged down spot prices for the flat product, dampening buying interest for...


Gladdy Chu

April 24, 2017

10:38 GMT