CHINA HRC: Market stands still ahead of holiday

China’s hot-rolled coil prices were unchanged on Thursday January 31, with few participants still active in both the domestic and export markets ahead of the Chinese New Year holiday next week.

Domestic Eastern China (Shanghai): 3,780-3,800 yuan ($563-566) per tonne, unchanged Northern China (Tianjin): 3,720-3,740 yuan per tonne, unchanged A Shanghai-based trader said that his company sold a very small shipment of HRC at 3,800 yuan per tonne. Only the “higher-priced” products were available currently with very few mills still accepting orders. Trading was...

Published

Miranda Song

January 31, 2019

10:04 GMT

Shanghai