CHINA HRC: Domestic prices flat amid fluctuating futures

By Jessica Zong / June 05, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices were flat on Tuesday June 5 amid soft demand and a fluctuating futures market.

Domestic Eastern China (Shanghai): 4,260-4,290 yuan ($664-669) per tonne, unchanged Northern China (Tianjin): 4,170-4,190 yuan per tonne, unchanged Weak downstream demand had buyers keeping their procurement rates low during the day, market sources said.HRC futures also did not display a clear trend, having fallen in the first hour...

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