China: HRCs, CRCs prices remain unchange d-o-d

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

• HRCs (4.5-12mm, Q235 B): RMB 4,090/t ($600/t)
• CRCs (1-1.2mm, Q195-215A): RMB 4,540/t ($666/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRCs futures for May’23 delivery closed today at RMB 4,111/t ($603/t), marginally down by RMB 8/t ($1/t) d-o-d.