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Tag: CRC prices stable futures edge up

  • China’s HRC, CRC prices stable, futures edge up

    China’s HRC, CRC prices stable, futures edge up

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    by

    Suyash Jain
    in

    China’s HRC and CRC prices remained unchanged d-o-d on 8 Sept’22. According to SteelMint data, SHFE HRC futures for Jan’23 delivery settled today at RMB 3,795/t ($546/t), up by RMB 24/t ($3/t) on d-o-d basis. 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 exw-Tianjin basis, inclusive…