China's domestic hot-rolled coil prices retreated slightly on Friday June 22 after trading activity fell due to bad weather.
DomesticEastern China (Shanghai): 4,260-4,280 yuan ($656-659) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 4,200-4,220 yuan per tonne, down 20 yuan per tonne Although the rainy season for many parts of the country began earlier this week, the effect it had on the market had not been as pronounced.Prices declined as a result, but traders and analysts considered them to be within an...