Tag: China’s HRC prices hit 1.5-month high

China’s hot-rolled coil (HRC) prices rose further to touch a 1.5-month high over November 28-December 5, mainly due to better market sentiment, a market insider said. The spot prices of Q235 4.75mm HRC under Mysteel’s assessment increased by Yuan 106/tonne ($15.2/t) on week to Yuan 4,008/t including the 13% VAT as of December 5. The…