CHINA HRC: Exporters raise offers on stock market surge

China’s hot-rolled coil exporters raised their offers on Monday February 25 following surges in the stock market, while domestic prices edged up.

Domestic Eastern China (Shanghai): 3,790-3,810 yuan ($564-567) per tonne, up 10-20 yuan per tonne Northern China (Tianjin): 3,740-3,750 yuan per tonne, up 20 yuan per tonne Prices in Shanghai posted moderate gains, with trading volumes being reported to be close to those last Friday, according to a trader in the eastern Chinese city. While trading activity on Friday and Monday is typically higher due to buyers restocking for either the weekend or the rest of the week,...

Published

Miranda Song

February 25, 2019

10:20 GMT

Shanghai