Tag: China HRC prices
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China’s HRC prices in V-shaped trajectory
Hot-rolled coil (HRC) prices in China’s physical market went V-shaped over September 16-23, a market insider said, though the spot trading volume remained poor last week. China’s prices of Q235 4.75mm HRC under Mysteel’s assessment declined by Yuan 41/tonne ($5.7/t) from September 16 to reach Yuan 3,988/t, before rebounding to Yuan 4,038/t as of September…