CHINA HRC: Domestic prices flat despite Tangshan’s steelmaking curbs

China’s domestic hot-rolled coil prices were flat on Thursday January 2 although Tangshan announced short-term steelmaking restrictions to improve air quality.

Eastern China (Shanghai): 3,900-3,920 yuan ($560-563) per tonne, unchanged
Northern China (Tangshan): 3,640 yuan per tonne, unchanged

A large number of steel mills in northern China’s steel hub of Tangshan were instructed to implement production cuts of 20-50% from Thursday to lower emissions. The local...


Jessica Zong

January 02, 2020

09:30 GMT