CHINA HRC: Domestic market mixed, export segment under pressure despite high offers

China’s domestic hot-rolled coil prices were mixed on Thursday December 6 due to differing levels of demand between the major markets, while a shipment that was sold at an unexpectedly low range weighed on the export segment.

Domestic Eastern China (Shanghai): 3,750-3,780 yuan ($547-551) per tonne, up 10-20 yuan per tonne Northern China (Tianjin): 3,610-3,620 yuan per tonne, down 20-30 yuan per tonne Domestic prices were mixed, with those in the eastern region rising while the market in the north weakened. While buyers in Shanghai were keen to restock, which sent prices a bit higher than a day earlier, those in the...

Published

Miranda Song

December 06, 2018

10:42 GMT

Shanghai