CHINA HRC: Exporters give no discount at month end

China’s domestic sellers for hot-rolled coil kept prices stable on Wednesday July 28 due to stronger demand and exporters insisted on high offers ahead of the month end, sources told Fastmarkets.

Domestic
Eastern China (Shanghai): 5,880-5,900 yuan ($904-907) per tonne, unchanged
The weather was clear in Zhejiang and Shanghai, so demand and logistics resumed, supporting HRC prices.

Demand in parts of Jiangsu, Anhui and Shandong was influenced by typhoon In-fa, but...

Published

Jessica Zong

July 28, 2021

10:31 GMT

Shanghai