Tag: China’s domestic HRC prices fall by RMB 60/t ($9/t)

China’s HRC prices fell by RMB 60/t ($9/t) while CRC prices remained flat d-o-d on 4 Aug’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 3,992/t ($591/t), falling by RMB 62/t ($9/t) on d-o-d basis. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,970/t ($588/t) CRC (1-1.2mm, Q195-215A): RMB 4,505/t…