Tag: CRCs prices stable d-o-d despite uptick in futures

China: HRCs, CRCs prices stable d-o-d despite uptick in futures

Jan 18, 2023

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by

Sakeena Rizvi

in HRC

China’s domestic HRCs and CRCs prices remained unchanged d-o-d today. Current offers- HRC (4.5-12mm, Q235 B): RMB 4,100/t ($607/t) CRC (1-1.2mm, Q195-215A): RMB 4,550/t ($673/t) Prices are exw-Tianjin, including 13% VAT. SHFE HRC futures for May’23 delivery settled today at RMB 4,187/t ($620/t), up by RMB 51/t ($7/t) d-o-d.