Tag: China’s HRC prices increase d-o-d by RMB 50/t ($7/t)

China’s HRC prices increased by RMB 50/t ($7/t), while CRC prices remained stable d-o-d on 22 Sept’22. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,960/t ($560/t) CRC (1-1.2mm, Q195-215A): RMB 4,305/t ($609/t) Prices are exw-Tianjin basis, inclusive of 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,767/t ($532/t), up by RMB…