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Tag: China: HRCs prices rise marginally by RMB 20/t ($3/t) d-o-d

  • China: HRCs prices rise marginally by RMB 20/t ($3/t) d-o-d

    China: HRCs prices rise marginally by RMB 20/t ($3/t) d-o-d

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    by

    Sakeena Rizvi
    in

    China’s domestic HRCs prices rose marginally by RMB 20/t ($3/t) d-o-d while CRCs prices remained unchanged today. Current offers- HRC (4.5-12mm, Q235 B): RMB 4,110/t ($611/t) CRC (1-1.2mm, Q195-215A): RMB 4,550/t ($677/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,193/t ($624/t), up RMB 28/t ($4/t) d-o-d.