Chinese HRC prices fall despite Beijing’s push for policies to stabilize economy

Spot prices for hot-rolled coil in China’s domestic market fell on Thursday May 26 despite authorities’ latest attempts to stabilize the economy.

Domestic
Eastern China (Shanghai): 4,700-4,720 yuan ($698-701) per tonne, down by 40 yuan per tonne

The most-traded HRC contract on the Shanghai Futures Exchange dropped to an over-four-month...

Published

Zihuan Pan

May 26, 2022

11:05 GMT

Shanghai