CHINA HRC: Domestic prices flat despite Tangshan's steelmaking curbs

January 03, 2020 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices were flat on Thursday January 2 although Tangshan announced short-term steelmaking restrictions to improve air quality.

Domestic
Eastern China (Shanghai): 3,900-3,920 yuan ($560-563) per tonne, unchanged
Northern China (Tangshan): 3,640 yuan per tonne, unchanged

A large number of steel mills in northern China's steel hub of Tangshan were instructed to implement production cuts of 20-50% from Thursday to lower emissions. The local...

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