Tag: China’s HRC prices edge up by RMB 30/t ($4/t)
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China’s HRC prices edge up by RMB 30/t ($4/t)
China’s HRC prices edged up by RMB 30/t ($4/t) while CRC prices remained unchanged on 13 Sept’22. According to SteelMint data, SHFE HRC futures for Jan’23 delivery settled today at RMB 3,860/t ($557/t), up by RMB 41/t ($6/t) from previous closing on 9 Sept’22. Current prices- HRC (4.5-12mm, Q235 B): RMB 4,000/t ($577/t) CRC (1-1.2mm,…