CHINA HRC: Domestic market strengthens further

By Gladdy Chu / January 25, 2018 / www.metalbulletin.com / Article Link

China's prices for hot-rolled coil widened upward on Thursday January 25 after the paper market surged following the release of data showing a drop in supply.

DomesticEastern China (Shanghai): 4,080-4,130 yuan ($639-647) per tonne, widen upward by 30 yuan per tonne Northern China (Tianjin): 3,940-3,970 yuan per tonne, widen upward by 10 yuan per tonnePrices for some specifications of HRC that are short on supply rose during the day following gains in the futures market while others were...

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