Tag: Chinese HRC export offers

  • Global HRC Trade Updates – Week 42

    Global HRC Trade Updates – Week 42

    1. Chinese steel futures (HRC- Ex Shanghai) dropped RMB 167 post holidays. Futures markets have weakened post week long holidays. Today, Shanghai futures for Hot Rolled coil for January was at RMB 3,869/MT. 2. Chinese domestic HRC prices have fallen by RMB 90 (USD 14) since beginning of this week. Prices of 2.75 mm HRC…