China’s HRC prices edge up by RMB 10/t ($1/t) d-o-d

China’s domestic HRC prices edged up by RMB 10/t ($1/t), while CRC prices remained stable d-o-d today. Current offers-

• HRC (4.5-12mm, Q235 B): RMB 3,640/t ($497/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,175/t ($571/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for Jan’23 delivery settled today at RMB 3,570/t ($488/t), up by RMB 16/t ($2/t) d-o-d.