CHINA HRC: Domestic prices dip on thin trading

By Jessica Zong / May 22, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices decreased slightly on Tuesday May 22 amid sparse trading.

DomesticEastern China (Shanghai): 4,240-4,260 yuan ($664-667) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 4,080-4,100 yuan per tonne, down 10 yuan per tonneBuyers procured materials at a lower rate on seeing the benchmark HRC futures contract trade below Monday's settlement price of 3,767 yuan per tonne for almost the entire day.Traders in turn lowered their prices in...

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