China: HRCs prices rise marginally by RMB 20/t ($3/t) d-o-d

China’s domestic HRCs prices rose marginally by RMB 20/t ($3/t) d-o-d while CRCs prices remained unchanged today. Current offers-

• HRC (4.5-12mm, Q235 B): RMB 4,110/t ($611/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,550/t ($677/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for May’23 delivery settled today at RMB 4,193/t ($624/t), up RMB 28/t ($4/t) d-o-d.