China's domestic hot-rolled coil prices experienced some mild gains on Monday October 15 amid increased trading in response to an uptrend in the futures market.
DomesticEastern China (Shanghai): 4,230-4,250 yuan ($611-614) per tonne, narrowed up 10 yuan per tonneNorthern China (Tianjin): 4,120-4,130 yuan per tonne, up 10 yuan per tonneGains in the futures market generated buying interest on Monday and pushed up spot prices.Market participants expect prices to fluctuate in a small range over the remainder of this...