China’s domestic HRC, CRC prices remain stable d-o-d

China’s HRC and CRC prices remained stable d-o-d on 26 Jul’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 3,846/t ($569/t), down by RMB 8/t d-o-d. Current prices-

• HRC (4.5-12mm, Q235 B): RMB 3,820/t ($565/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,315/t ($638/t)
• Prices are exw-Tianjin basis, inclusive of 13% VAT.