China's domestic hot-rolled coil prices continued to rise on Tuesday April 24 following early gains in the futures market.
Domestic Eastern China (Shanghai): 4,080-4,120 yuan ($647-653) per tonne, up 20-30 yuan per tonne Northern China (Tianjin): 3,990-4,020 yuan per tonne, up 40-50 yuan per tonne HRC futures rose to a high of 3,708 yuan per tonne during the day - 1.7% higher than the Monday's settlement price - before retreating in the afternoon. Traders encouraged by the early gains raised their...