Tag: China’s CRC prices increase by RMB 40/t ($6/t) d-o-d

China’s CRC prices increased by RMB 40/t ($6/t), while HRC prices remained stable d-o-d on 23 Sept’22. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,960/t ($556/t) CRC (1-1.2mm, Q195-215A): RMB 4,345/t ($610/t) Prices are exw-Tianjin basis, inclusive of 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,820/t ($536/t), up by RMB…