Tag: China: Domestic HRCs prices fall d-o-d today
-

China: Domestic HRCs prices fall d-o-d today
China’s domestic HRCs prices fell by RMB 30/t ($4/t) while those of CRCs rose by RMB 10/t ($1/t) d-o-d today. Current offers: HRCs (4.5-12mm, Q235 B): RMB 4,200/t ($605/t) CRCs (1-1.2mm, Q195-215A): RMB 4,720/t ($680/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for May’23 delivery closed today at RMB 4,257/t ($614/t), down by…