CHINA HRC: Domestic prices mixed, export market picks up some strength

China’s domestic hot-rolled coil prices mixed on Thursday March 14 with those in the eastern region slipping while the northern market held steady. The export market strengthened with deals being concluded at higher prices.

Domestic Eastern China (Shanghai): 3,830-3,850 yuan ($571-574) per tonne, down 10 yuan per tonne Northern China (Tianjin): 3,760-3,780 yuan per tonne, unchanged Sellers in eastern China cut their prices to stimulate sales, but weak futures led to low buying activity. Those in northern China kept their prices flat on low inventory levels and stable demand....

Published

Jessica Zong

March 14, 2019

10:30 GMT

Shanghai