Tag: China: HRCs prices drop marginally by RMB 10/t ($1/t) d-o-d

China: HRCs prices drop marginally by RMB 10/t ($1/t) d-o-d

Jan 10, 2023

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by

Sakeena Rizvi

in HRC

China’s domestic HRCs prices moved down marginally by RMB 10/t ($1/t) d-o-d while CRCs prices remained unchanged today. Current offers- HRC (4.5-12mm, Q235 B): RMB 4,090/t ($603/t) CRC (1-1.2mm, Q195-215A): RMB 4,520/t ($666/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,157/t ($613/t), down RMB 10/t ($1/t)…