Tag: China: HRCs

  • China: HRCs, CRCs prices stable for the fourth straight day

    China: HRCs, CRCs prices stable for the fourth straight day

    China’s domestic HRCs and CRCs prices remained unchanged for the fourth successive day today despite an uptick in futures. Current offers- HRC (4.5-12mm, Q235 B): RMB 4,100/t ($604/t) CRC (1-1.2mm, Q195-215A): RMB 4,550/t ($671/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,213/t ($621/t), up by RMB…