CHINA HRC: Domestic prices flat, but export market weakens

October 18, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices remained flat on Wednesday October 17, though the export index dropped amid weak demand.

DomesticEastern China (Shanghai): 4,230-4,250 yuan ($612-614) per tonne, unchangedNorthern China (Tianjin): 4,120-4,130 yuan per tonne, unchangedEnd users continued to consume HRC at a steady rate and appeared to have no plans to stock up on materials, a trader in Shanghai said.As such, traders kept their prices flat amid the subdued rate of trading...

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