CHINA HRC: Lower prices boost trading activity

April 02, 2019 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices dropped slightly on Monday April 1 but trading activity was higher than in previous days.

DomesticEastern China (Shanghai): 3,830-3,850 yuan ($571-574) per tonne, down 10-20 yuan per tonneNorthern China (Tianjin): 3,770-3,790 yuan per tonne, down 10-20 yuan per tonneTrading was robust in the morning when prices were around 3,830 yuan per tonne in Shanghai, which motivated sellers to raise prices to up to 3,850 yuan per tonne in...

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