Tag: CRCs prices rise by up to RMB 30/t ($4/t) d-o-d
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China: HRCs, CRCs prices rise by up to RMB 30/t ($4/t) d-o-d
China’s domestic CRCs prices rose by RMB 30/t ($4/t) while HRCs prices moved up RMB 20/t ($3/t) d-o-d today. Current offers- CRC (1-1.2mm, Q195-215A): RMB 4,520/t ($666/t) HRC (4.5-12mm, Q235 B): RMB 4,100/t ($605/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,167/t ($614/t), up RMB 35/t…