Tag: China’s HRC CRC prices rise by up to RMB 20/t ($3/t)

  • China’s HRC, CRC prices rise by up to RMB 20/t ($3/t)

    China’s HRC, CRC prices rise by up to RMB 20/t ($3/t)

    China’s domestic CRC prices rose marginally by RMB 20/t ($3/t) and HRC prices by RMB 10/t ($1/t) on 22 Aug’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 3,880/t ($567/t), largely stable compared with the closing on 19 Aug’22. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,930/t ($575/t) CRC…