Tag: China: HRCs

China: HRCs, CRCs prices fall by up to RMB 40/t ($6/t) d-o-d

Feb 3, 2023

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by

Sakeena Rizvi

in HRC

China’s domestic HRCs prices fell by RMB 40/t ($6/t) d-o-d while prices of CRCs went down by RMB 30/t ($5/t) today. Current offers- HRCs (4.5-12mm, Q235 B): RMB 4,090/t ($607/t) CRCs (1-1.2mm, Q195-215A): RMB 4,540/t ($674/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRCs futures for May’23 delivery settled today at RMB 4056/t ($602/t), down…