China's hot-rolled coil prices were mixed on Friday February 15, with domestic prices dropping on weak demand but the export market seeing higher-priced deals.
DomesticEastern China (Shanghai): 3,710-3,730 yuan ($548-551) per tonne, down 10-20 yuan per tonneNorthern China (Tianjin): 3,680-3,700 yuan per tonne, down 50-60 yuan per tonneTrading activity was lower than on Thursday amid weaker futures. Sellers cut prices to seek higher sales volume but an increasing number of buyers took a wait-and-see approach. HRC prices in eastern China are 70 yuan per tonne lower than on February 1 prior to the week-long...