Tag: China: Domestic HRCs
-

China: Domestic HRCs, CRCs prices stable d-o-d
China’s domestic HRCs and CRCs prices remained steady d-o-d today. Current offers- HRCs (4.5-12mm, Q235 B): RMB 4,150/t ($605/t) CRCs (1-1.2mm, Q195-215A): RMB 4,630/t ($675/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for May’23 delivery closed today at RMB 4,248/t ($619/t), up by a marginal RMB 5/t ($1/t) d-o-d.