China’s HRC, CRC prices edge up by up to RMB 20/t ($3/t) d-o-d

China’s domestic CRC prices edged up by RMB 20/t ($3/t) d-o-d while HRC prices increased by RMB 10/t ($1/t) today. Current offers-

• HRC (4.5-12mm, Q235 B): RMB 3,650/t ($504/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,195/t ($579/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for Jan’23 delivery settled today at RMB 3,614/t ($498/t), up by RMB 44/t ($6/t) d-o-d.