China HRC: Exporters leave offers unchanged despite weaker domestic prices

China’s hot-rolled coil exporters left their offer prices unchanged on Wednesday February 13, although the domestic market continued to drop on low demand.

Domestic Eastern China (Shanghai): 3,790-3,800 yuan ($559-560) per tonne, down 50 yuan per tonne Northern China (Tianjin): 3,760-3,770 yuan per tonne, down 20-30 yuan per tonne Prices have returned to their pre-Chinese Lunar New Year holiday levels, with demand remaining low due to some downstream buyers not resuming production until next week, a Hangzhou-based trader said. Meanwhile, the China Iron and Steel Association said...

Published

Miranda Song

February 13, 2019

09:40 GMT

Shanghai