CHINA HRC: Domestic market edges up on strengthening futures

By Gladdy Chu / April 17, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices edged up on Tuesday April 17 amid a strengthening of the paper market, particularly in the morning trading session.

DomesticEastern China (Shanghai): 3,940-3,980 yuan ($627-634) per tonne, narrowed upward by 10 yuan per tonneNorthern China (Tianjin): 3,880-3,900 yuan per tonne, up 10 yuan per tonne In Shanghai, spot cargoes were traded at the higher end of range in the morning though transaction prices retreated a bit later amid some fluctuation...

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