China's hot-rolled coil (HRC) prices moved up on Monday April 23 in both domestic and export markets on the futures gains.
Domestic Eastern China (Shanghai): 4,060-4,090 yuan ($645-650) per tonne, up 40-50 yuan per tonne Northern China (Tianjin): 3,950-3,970 yuan per tonne, up 20 yuan per tonne Traders raised their prices following futures gains, but buyers cut procurement due to the higher prices. A few cargoes were booked by buyers with urgent need today, but most other buyers...