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Tag: China’s domestic HRC CRC prices increase on rising futures

  • China’s domestic HRC, CRC prices increase on rising futures

    China’s domestic HRC, CRC prices increase on rising futures

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    by

    Suyash Jain
    in

    China’s HRC and CRC prices increased today following a rise in HRC futures. According to SteelMint data, SHFE HRC futures for Oct’22 delivery closed today at RMB 3,702/t ($549/t), up by RMB 29/t ($5/t) compared with the closing on 15 July. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,740/t ($555/t), up by RMB 130/t ($19/t)…