Chinese HRC prices rise following release of economic data

Spot prices for hot-rolled coil in China extended their gains on Wednesday December 15, while the latest economic data points to a further decline in steel output.

Eastern China (Shanghai): 4,880-4,910 yuan ($767-771) per tonne, up by 40 yuan per tonne

The most-traded HRC contract on the Shanghai Futures Exchange rose for a third...


Zihuan Pan

December 15, 2021

11:35 GMT