China: HRCs prices inch down by RMB 10/t ($1/t) d-o-d

China’s domestic HRCs prices inched down by RMB 10/t ($1/t) d-o-d while prices of CRCs remained unchanged today. Current offers-

• HRCs (4.5-12mm, Q235 B): RMB 4,080/t ($601/t)
• CRCs (1-1.2mm, Q195-215A): RMB 4,540/t ($669/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRCs futures for May’23 delivery closed today at RMB 4,065/t ($599/t), down by RMB 11/t ($2/t) d-o-d.