Chinese CRC, HDG export trading thin ahead of Lunar New Year holiday

Trading activity for Chinese steel cold-rolled coil and hot-dipped galvanized coil exports was thin in the week to Tuesday January 25, with mills in no hurry to discharge their cargoes ahead of the week-long Lunar New Year holiday.

Most major Chinese mills were offering CRC and HDG for April delivery. “Mills are not in a rush to take orders, given their existing orders at hand and because they...

Published

Zihuan Pan

January 25, 2022

11:44 GMT

Shanghai