CHINA HRC: Domestic market stagnant on thin trading

By Gladdy Chu / January 29, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices remained largely steady on Monday January 29 amid inactivity, which kept the export market quiet with most participants taking a wait-and-see approach.

Domestic Eastern China (Shanghai): 4,090-4,130 yuan ($647-654) per tonne, up 10 yuan per tonne Northern China (Tianjin): 3,940-3,970 yuan per tonne, unchanged HRC futures surged in the first 15 minutes of the day's trading session, which bumped up spot prices for the flat steel product in...

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