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

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

Feb 7, 2023

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by

Sakeena Rizvi

in HRC

China’s domestic HRCs prices inched down by RMB 10/t ($1/t) d-o-d while prices of CRCs remained unchanged today. Current offers- HRCs (4.5-12mm, Q235 B): RMB 4,080/t ($601/t) CRCs (1-1.2mm, Q195-215A): RMB 4,540/t ($669/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for May’23 delivery closed today at RMB 4,065/t ($599/t), down by RMB 11/t…