Tag: CRC prices rise by RMB 30/t ($4/t)

  • China’s HRC, CRC prices rise by RMB 30/t ($4/t)

    China’s HRC, CRC prices rise by RMB 30/t ($4/t)

    China’s HRC and CRC prices increased by RMB 30/t ($4/t) d-o-d on 6 Sept’22. SHFE HRC futures for Jan’23 delivery settled today at RMB 3,754/t ($539/t), up by RMB 41/t ($6/t) on d-o-d basis, according to SteelMint data. Current prices- HRC (4.5-12mm, Q235 B): RMB 3,950/t ($568/t) CRC (1-1.2mm, Q195-215A): RMB 4,355/t ($626/t) Prices are…