Chinese HRC prices rebound after Beijing’s stimulus measures improve market expectations

China’s hot-rolled coil prices rose on Friday May 27 after top authorities’ efforts to prop up the country’s economy boosted market sentiment.

Domestic
Eastern China (Shanghai): 4,760-4,780 yuan ($709-712) per tonne, up by 60 yuan per tonne

Northern China (Tangshan) weekly assessment: 4,700-4,720 yuan per tonne, down by 50-60 yuan...

Published

Zihuan Pan

May 27, 2022

09:46 GMT

Shanghai