CHINA HRC: Bearish sentiment lingers despite more trading activity

September 23, 2020 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices were stable on Tuesday September 22 amid a pick-up in trading activity, though market participants remained bearish amid weakening financial markets.

Domestic
Eastern China (Shanghai): 3,840-3,860 yuan ($566-569) per tonne, unchanged
Several Shanghai-based traders said that trading activity was higher during the day than on Monday.
This was due to rising HRC futures in the morning, which motivated some downstream buyers to restock, one of the traders said.
But HRC futures fell in the afternoon.

The traders...

Recent News

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok