Tag: CRC prices fall by up to RMB 40/t ($6/t) d-o-d
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China’s HRC, CRC prices fall by up to RMB 40/t ($6/t) d-o-d
China’s domestic CRC prices fell by RMB 40/t ($6/t) and HRC prices edged lower by RMB 10/t ($1/t) d-o-d today. Current offers- HRC (4.5-12mm, Q235 B): RMB 3,670/t ($506/t) CRC (1-1.2mm, Q195-215A): RMB 4,175/t ($576/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,643/t ($502/t), down by…