Tag: China’s HRC Production Dips to 10-Month Low

Production of hot-rolled coil among the 37 Chinese flat steelmakers Mysteel canvasses regularly declined for a second week last week, plunging by 112,000 tonnes or 3.5% on the week to 3.1 million tonnes during October 18-24, the lowest level since late September 2018, according to Mysteel’s latest weekly study. Market sources attributed the decline to…