Author: Aditi Tiwari

Price rally in China’s domestic flat steel market, which has been continuing since last two months, finally came to an end with the start of this week. Domestic HRC prices in China fell by RMB 280-300/MT (USD 43-46) in Shanghai and RMB 350-370/MT (USD 54-57) in Beijing. With fall in domestic prices, the country’s HRC…