China: HRCs prices rise by RMB 30/t ($4/t) d-o-d

China’s domestic HRCs prices rose by RMB 30/t ($4/t) d-o-d while prices of CRCs remained unchanged today. Current offers-

• HRCs (4.5-12mm, Q235 B): RMB 4,110/t ($606/t)
• CRCs (1-1.2mm, Q195-215A): RMB 4,540/t ($670/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRCs futures for May’23 delivery closed today at RMB 4,149/t ($612/t), up by RMB 63/t ($9/t) d-o-d.