Tag: CRC prices fall by up to RMB 60/t ($8/t)

China’s domestic HRC prices fell by RMB 60/t ($8/t) and CRC prices by RMB 30/t ($4/t) today. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,637/t ($507/t), down by RMB 12/t ($2/t) against closing on 21 Oct’22. Current offers: HRC (4.5-12mm, Q235 B): RMB 3,810/t ($531/t) CRC (1-1.2mm, Q195-215A): RMB 4,285/t ($597/t) Prices…