CHINA HRC: Exporters raise prices on this week's domestic rally

China’s hot-rolled coil exporters raised offer prices on December 7 as domestic prices rebounded.

Domestic Eastern China (Shanghai): 3,740-3,770 yuan ($543-548) per tonne, down 10 yuan per tonne Northern China (Tianjin): 3,590-3,620 yuan per tonne, widening downward 20 yuan per tonne Domestic prices were largely stable on Friday. The small dip in Shanghai prices were due to relatively short demand, but there were some additional deals concluded for weekend delivery at cheaper levels, a Zhejiang-based source said. Those deals were mainly priced at 3,720-3,730 yuan per tonne, but they were not included in MB...


Miranda Song

December 07, 2018

09:45 GMT