CHINA HRC: Sellers raise prices on stronger demand

Sellers in China’s domestic hot-rolled coil market largely raised their prices again on Monday March 4 amid increasing demand.

Domestic Eastern China (Shanghai): 3,870-3,900 yuan ($577-581) per tonne, up 30-40 yuan per tonne Northern China (Tianjin): 3,800-3,810 yuan per tonne, narrowed by 10-40 yuan per tonne on both ends Domestic prices remained high on Monday with most mills raising their offers on strengthening demand. Trading activity has reached moderate levels in both Shanghai and Tianjin, but the price increases were more evident...

Published

Jessica Zong

Miranda Song

March 04, 2019

09:57 GMT

Shanghai