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Tag: China’s HRC

  • China’s HRC, CRC prices increase by RMB 50/t ($7/t) d-o-d

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

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    by

    Suyash Jain
    in

    China’s domestic HRC and CRC prices increased by RMB 50/t ($7/t) d-o-d today. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,800/t ($537/t) CRC (1-1.2mm, Q195-215A): RMB 4,285/t ($605/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,810/t ($538/t), up by RMB 30/t ($4/t) d-o-d.