Tag: China HRC Price Hits 33-Month Low Sentiments Bearish

Mysteel’s Chinese national average benchmark price for the Q235 4.75mm HRC declined to a new low since June 21, 2017, as of March 27, hitting Yuan 3,471/t including the 13% VAT, as the market has been enveloped by great pessimism amid the concern on the domestic demand and the uncertainties in both China’s and global…