Author: Pratibha Bajaj

The surge in Chinese steel futures has resulted in a hike in domestic prices, following which Indian mills also raised offers by USD 10/MT. As per reports, hot-rolled coil futures on the Shanghai Futures Exchange rose 1.4%. Chinese HRC price in the domestic market is hovering around RMB 3580-3600/MT eastern China, up by RMB 20-30/MT…