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 unchanged d-o-d today. Current offers-

• HRC (4.5-12mm, Q235 B): RMB 3,750/t ($532/t)
• CRC (1-1.2mm, Q195-215A): RMB 4,235/t ($601/t)
• Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for Jan’23 delivery settled today at RMB 3,767/t ($535/t), up by RMB 23/t ($3/t) d-o-d.