Tag: China: HRC CRC prices down by up to RMB 30/t ($4/t) d-o-d

  • China: HRC, CRC prices down by up to RMB 30/t ($4/t) d-o-d

    China: HRC, CRC prices down by up to RMB 30/t ($4/t) d-o-d

    China’s domestic CRC prices fell by RMB 30/t ($4/t) and HRC prices by RMB 20/t ($3/t) on 11 Oct’22. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,820/t ($534/t), down by RMB 69/t ($10/t) d-o-d. Current offers: CRC (1-1.2mm, Q195-215A): RMB 4,405/t ($615/t) HRC (4.5-12mm, Q235 B): RMB 3,990/t ($557/t) Prices are exw-Tianjin,…