Tag: China’s HRC

China’s HRC prices surged by RMB 100/t ($/t) d-o-d while CRC prices rose by RMB 60/t ($9/t) today with bulk orders heard being placed in Tianjin and Hebei. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,940/t ($567/t) CRC (1-1.2mm, Q195-215A): RMB 4,330/t ($623/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for Jan’23 delivery…