China HRC spot prices mostly stable despite futures rise

Spot prices for hot-rolled coil in China’s domestic market were relatively stable on Friday May 13, despite a rally in futures prices for the flat steel product during afternoon trading.

Domestic
Eastern China (Shanghai): 4,800-4,830 yuan ($707-712) per tonne, unchanged
Northern China (Tangshan) weekly assessment: 4,860-4,880 yuan per tonne, down by 200 yuan per tonne

Eastern...

Published

Zihuan Pan

May 13, 2022

11:00 GMT

Shanghai