Tag: China’s domestic HRC CRC prices rise by up to RMB 150/t ($22/t)

China’s domestic HRC, CRC prices rise by up to RMB 150/t ($22/t)

Aug 1, 2022

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by

Suyash Jain

in HRC

China’s domestic HRC prices rose by RMB 150/t ($22/t) and CRC prices by RMB 130/t ($19/t) on 1 Aug’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 4,044/t ($598/t), up by RMB 56/t ($8/t) from last closing on 29 July. Current prices- HRC (4.5-12mm, Q235 B): RMB 4,050/t ($599/t)…