CHINA HRC: Domestic market softens ahead of weekend

By Gladdy Chu / January 05, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices fell on Friday January 5 following weakness in the paper market.

DomesticEastern China (Shanghai): 4,250-4,280 yuan ($654-658) per tonne, down by 20 yuan per tonne Northern China (Tianjin): 4,110-4,140 yuan per tonne, down 30 yuan per tonneTrading activity thinned in both the eastern and northern regions after the futures market weakened during the day, according to market sources.Considering current...

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