CHINA HRC: Thin trading keeps domestic prices flat

China’s domestic for hot-rolled coil lost their upward momentum on Friday November 3, and ended the day flat amid inactivity.

Domestic Eastern China (Shanghai): 3,960-4,030 yuan ($599-610) per tonne, unchanged Northern China (Tianjin): 3,990-4,020 yuan per tonne, unchanged Thin trading ahead of the weekend kept spot HRC prices stable during the day, sources said. Buying interest was described as moderate in the morning, but this deteriorated in the afternoon as the paper market weakened, they added. Export Metal Bulletin fob China...


Gladdy Chu

November 03, 2017

09:58 GMT