China's domestic hot-rolled coil prices halted their recent rises on Thursday June 14 amid weaker demand.
Domestic Eastern China (Shanghai): 4,300-4,330 yuan ($671-676) per tonne, widened down 10 yuan per tonne Northern China (Tianjin): 4,240-4,260 yuan per tonne, unchanged HRC prices were flat or down slightly in the domestic Chinese market today despite a continued rally in the futures market, dragged down flaccid demand. Although supply remained short, which helped keep HRC prices close to their recent peaks, downstream demand was...