Prices of HRC dropped slightly on Friday October 12, with export prices falling amid some short-selling offers. Yet, trading was active in the domestic market, sources said.
Eastern China (Shanghai): 4,220-4,250 yuan ($610-615) per tonne, widening 10 yuan per tonne at both ends.
Northern China (Tianjin): 4,110-4,120 yuan per tonne, down 20-30 yuan per tonne.
While prices in eastern China continued to fall this morning following yesterday’s drops, sellers increased...