CHINA HRC: Domestic market mixed, export segment under pressure despite high offers

December 07, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices were mixed on Thursday December 6 due to differing levels of demand between the major markets, while a shipment that was sold at an unexpectedly low range weighed on the export segment.

DomesticEastern China (Shanghai): 3,750-3,780 yuan ($547-551) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 3,610-3,620 yuan per tonne, down 20-30 yuan per tonneDomestic prices were mixed, with those in the eastern region rising while the market in the north weakened.While buyers in Shanghai were keen to restock, which sent prices a bit higher than a day earlier, those in the...

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