Tag: Chinese mills’ HRC output declines to 1-month low

  • Chinese mills’ HRC output declines to 1-month low

    Chinese mills’ HRC output declines to 1-month low

    Total production of hot-rolled coil (HRC) among 37 Chinese flat steelmakers under Mysteel’s tracking touched a one-month low of 3.08 million tonnes over October 27-November 2, or having declined for the second week by another 36,300 tonnes or 1.2% on week. Meanwhile, the surveyed mills’ hot-rolling capacity rate also slipped by 0.9 percentage point on…