China's domestic hot-rolled coil prices stopped falling on Thursday May 24 amid gains in the futures market and a pick-up in trading activity.
Domestic Eastern China (Shanghai): 4,180-4,200 yuan ($655-658) per tonne, unchanged Northern China (Tianjin): 4,060-4,080 yuan per tonne, unchanged HRC futures regained some strength during the day, which stimulated buying interest. Traders maintained their prices in an attempt to secure more orders.Market participants expect prices to rise slightly on Friday...