CHINA HRC: Lower prices boost trading activity

China’s hot-rolled coil prices dropped slightly on Monday April 1 but trading activity was higher than in previous days.

Domestic Eastern China (Shanghai): 3,830-3,850 yuan ($571-574) per tonne, down 10-20 yuan per tonne Northern China (Tianjin): 3,770-3,790 yuan per tonne, down 10-20 yuan per tonne Trading was robust in the morning when prices were around 3,830 yuan per tonne in Shanghai, which motivated sellers to raise prices to up to 3,850 yuan per tonne in...

Published

Miranda Song

April 01, 2019

10:49 GMT

Shanghai