China's hot-rolled coil prices were little changed on Monday December 24 in sparse trading, with participants bearish on the outlook for prices over the coming days, source told Fastmarkets MB.
DomesticEastern China (Shanghai): 3,790-3,810 yuan ($549-552) per tonne, down 10-20 yuan per tonneNorthern China (Tianjin): 3,690-3,700 yuan per tonne, unchangedPrices in Shanghai dipped following declines in the futures market.Meanwhile, trading was sparse nationwide, with participants bearish on price trends in the days to come given the lack of any improvement in downstream...