China's domestic prices for hot-rolled coil recovered some losses on Wednesday January 24 with the paper market continuing to trend upward throughout the day.
DomesticEastern China (Shanghai): 4,080-4,100 yuan ($637-640) per tonne, up 10 yuan per tonne Northern China (Tianjin): 3,940-3,960 yuan per tonne, up 10 yuan per tonneSpot prices edged up during the day due to a strengthening paper market. Traders are not restocking as aggressively for the holiday season this year as compared with last...