Tag: CRCs prices stable d-o-d even as steel futures rise

China: HRCs, CRCs prices stable d-o-d even as steel futures rise

Feb 16, 2023

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by

Sakeena Rizvi

in HRC

China’s domestic HRCs and CRCs prices remained stable d-o-d today. Current offers- HRCs (4.5-12mm, Q235 B): RMB 4,110/t ($600/t) CRCs (1-1.2mm, Q195-215A): RMB 4,570/t ($667/t) Prices are exw-Tianjin, including 13% VAT. However, SHFE HRCs futures for May’23 delivery closed today at RMB 4,199/t ($612/t), up by RMB 35/t ($5/t) d-o-d.