China: HRCs, CRCs prices remain stable d-o-d today

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

• HRCs (4.5-12mm, Q235 B): RMB 4,030/t ($578/t)
• CRCs (1-1.2mm, Q195-215A): RMB 4,470/t ($641/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRCs futures for May’23 delivery settled today at RMB 4,074/t ($584/t), stable d-o-d.