HomePricesExchange news & prices Chinese HRC prices steady despite key lending rate cuts Spot prices for hot-rolled coil in China were unchanged on Thursday January 20, while futures prices for the flat steel product also held steady despite the Chinese central bank announcing a cut to benchmark lending rates. Domestic Eastern China (Shanghai): 4,940-4,960 yuan ($778-781) per tonne, unchanged On Thursday morning, the People’s Bank of China (PBOC) slashed the five-year loan prime rate by 5 basis... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim Zihuan Pan January 20, 2022 09:47 GMT Shanghai, Singapore Keywords HRC prices HRC exports Shanghai Futures Exchange SHFE Shanghai Beijing China HRC Index Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
