China’s HRC, CRC prices remain unchanged d-o-d

China’s domestic HRC, CRC prices remained unchanged d-o-d today. Current offers:

• HRC (4.5-12mm, Q235 B): RMB 3,780/t ($527/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,220/t ($589/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for Jan’23 delivery settled today at RMB 3,790/t ($529/t), down by RMB 14/t ($2/t) d-o-d.