China's HRC export prices rise to 15-week high on domestic gains

China’s export prices for hot rolled coil have risen for a fifth week to their highest in over three months amid further gains in the country’s domestic market.

Metal Bulletin’s assessment of prices for September shipments of commercial-grade, boron-containing SS400 HRC was $475-485 per tonne fob for the week ended Tuesday July 11, up $10 per tonne from a week ago.
China’s export prices for HRC have risen by $45-50 per tonne over the past five weeks, and are at their highest since March 28, according to Metal Bulletin’s price archive.

Deals were concluded at $475-480 per tonne fob to South Korea late last Tuesday, according to market participants....

Published

Gladdy Chu

July 11, 2017

10:05 GMT

Shanghai