China's domestic hot-rolled coil prices have fallen to their lowest in a month on Tuesday June 26 following successive days of decreases.
DomesticEastern China (Shanghai): 4,230-4,240 yuan ($647-649) per tonne, down 30 yuan per tonneNorthern China (Tianjin): 4,120-4,140 yuan per tonne, down 30 yuan per tonneHRC futures declined for a fourth day and ended at a month's low, which continued to put pressure on the market, resulting in traders deciding to take a wait-and-see approach.While some domestic mills offered their products at 4,250-4,260 yuan per tonne in the...