Tag: China’s HRC

  • China’s HRC, CRC prices rise by up to RMB 40/t ($6/t)

    China’s HRC, CRC prices rise by up to RMB 40/t ($6/t)

    China’s domestic HRC prices rose by RMB 40/t ($6/t) and CRC prices by RMB 20/t ($3/t) d-o-d today. Current offers: HRC (4.5-12mm, Q235 B): RMB 4,060/t ($588/t) CRC (1-1.2mm, Q195-215A): RMB 4,490/t ($650/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,136/t ($599/t), up by RMB 64/t…