Tag: China: HRCs prices fall d-o-d today

China’s domestic HRCs prices fell by RMB 10/t ($1/t) while CRCs prices remained unchanged d-o-d today. Current offers: HRCs (4.5-12mm, Q235 B): RMB 4,050/t ($580/t) CRCs (1-1.2mm, Q195-215A): RMB 4,450/t ($638/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for Jan’23 delivery settled today at RMB 4,050/t ($580/t), up by RMB 30/t ($4/t) d-o-d.