Tag: CRC prices exhibit mixed trends
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China’s HRC, CRC prices exhibit mixed trends
China’s domestic HRC prices rose by RMB 20/t ($3/t) while CRC prices dropped by the same quantum on 12 Aug’22. According to SteelMint data, SHFE HRC futures for Oct’22 delivery settled today at RMB 4,075/t ($604/t), up by RMB 39/t ($6/t) d-o-d. Current prices- HRC (4.5-12mm, Q235 B): RMB 4,020/t ($596/t) CRC (1-1.2mm, Q195-215A): RMB…