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Tag: China’s domestic HRC CRC prices remain stable d-o-d

  • China’s domestic HRC, CRC prices remain stable d-o-d

    China’s domestic HRC, CRC prices remain stable d-o-d

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    by

    Suyash Jain
    in

    China’s HRC and CRC prices remained stable d-o-d on 26 Jul’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 3,846/t ($569/t), down by RMB 8/t d-o-d. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,820/t ($565/t) CRC (1-1.2mm, Q195-215A): RMB 4,315/t ($638/t) Prices are exw-Tianjin basis, inclusive of 13% VAT.