Author: Suyash Jain

China’s HRC prices fell by RMB 30/t ($4/t) and CRC prices dropped by RMB 20/t ($3/t) d-o-d on 27 Jul’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 3,855/t ($571/t), up by RMB 9/t d-o-d. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,790/t ($561/t) CRC (1-1.2mm, Q195-215A): RMB 4,295/t…