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Tag: China: HRC CRC prices remain stable d-o-d

  • China: HRC, CRC prices remain stable d-o-d

    China: HRC, CRC prices remain stable d-o-d

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    by

    Suyash Jain
    in

    China’s domestic HRC and CRC prices remained stable d-o-d today. Current offers- HRC (4.5-12mm, Q235 B): RMB 4,060/t ($590/t) CRC (1-1.2mm, Q195-215A): RMB 4,490/t ($652/t) Prices are exw-Tianjin, including 13% VAT. HRC futures on the Shanghai Futures Exchange (SHFE) for May’23 delivery settled today at RMB 4,080/t ($593/t), unchanged d-o-d.