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 4,130/t ($614/t)
• CRCs (1-1.2mm, Q195-215A): RMB 4,570/t ($680/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRCs futures for May’23 delivery settled today at RMB 4099/t ($609/t), down by RMB 31/t ($4/t) d-o-d.