Spot prices for hot-rolled coil in China's domestic market rose on Friday September 3 after supply concerns emerged following a series of mill announcements of maintenance plans for September, the traditional high season, sources told Fastmarkets.
DomesticHandan's tighter production curbs are also fueling supply concerns, sources said. The major steelmaking hub in Hebei now requires steel mills to impose an additional 4.4% production cut for September-October, on top...