CHINA HRC: Prices stable on moderate trading activity

China’s hot-rolled coil prices were stable on Wednesday October 10 on moderate trading activity, according to market sources.

Domestic Eastern China (Shanghai): 4,250-4,270 yuan ($614-616) per tonne, unchanged Northern China (Tianjin): 4,150-4,160 yuan per tonne, unchanged Prices were stable across the country, with trading volume dipping slightly in comparison with Tuesday, sources said. But they are of the opinion that demand is stable, and described the day’s trading activity as “not bad” in general. While most market participants had expected prices to fall after China’s Golden...

Published

Miranda Song

October 10, 2018

10:54 GMT

Shanghai