CHINA HRC: Prices drop following previous day’s sharp futures losses

Spot prices for hot-rolled coil in China fell sharply on Friday October 22 following the tumble in futures prices on Thursday triggered by Beijing’s moves to rein in soaring coal prices.

Domestic
Eastern China (Shanghai): 5,550-5,600 yuan ($869-877) per tonne, down by 150-160 yuan per tonne

Northern China (Tangshan) weekly assessment: 5,550-5,620 yuan ($869-880) per tonne, down by 160-170 yuan per...

Published

Paul Lim

Zihuan Pan

October 22, 2021

10:52 GMT

Shanghai, Singapore