CHINA HRC: Domestic prices higher despite soft demand

By Jessica Zong / June 01, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices moved up on Friday June 1 as futures gained early in the trading session.

Domestic Eastern China (Shanghai): 4,280-4,300 yuan ($668-671) per tonne, up 20 yuan per tonne Northern China (Tianjin): 4,180-4,200 yuan per tonne, up 20-30 yuan per tonne HRC futures rose to a high of 3,964 yuan per tonne in the first hour of the morning session before retreating, leading traders in the spot...

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