Tag: China’s HRC
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China’s HRC, CRC prices rise by up to RMB 50/t ($7/t) d-o-d
China’s domestic HRC prices rose by RMB 50/t ($7/t) and CRC prices by RMB 30/t ($4/t) d-o-d today. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,720/t ($523/t) CRC (1-1.2mm, Q195-215A): RMB 4,205/t ($591/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,696/t ($519/t), up by RMB 53/t…