Tag: China: CRCs prices rise marginally by up to RMB 10/t ($1/t) d-o-d

  • China: CRCs prices rise marginally by up to RMB 10/t ($1/t) d-o-d

    China: CRCs prices rise marginally by up to RMB 10/t ($1/t) d-o-d

    China’s domestic CRCs prices rose marginally by RMB 10/t ($1/t) d-o-d while prices of HRCs remained unchanged today. Current offers- CRCs (1-1.2mm, Q195-215A): RMB 4,530/t ($669/t) HRCs (4.5-12mm, Q235 B): RMB 4,090/t ($604/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for May’23 delivery settled today at RMB 4,174/t ($616/t), up by RMB 17/t…