China's domestic hot-rolled coil prices rose on Monday February 18 after trading activity picked up on rebounding demand.
DomesticEastern China (Shanghai): 3,730-3,750 yuan ($551-553) per tonne, up 20 yuan per tonneNorthern China (Tianjin): 3,700-3,710 yuan per tonne, up 10-20 yuan per tonneShanghai's trading volume has returned "close to normal levels" with downstream buyers starting to resume production after the Chinese New Year break, a Hangzhou-based trader said.Sellers started selling around 3,730 yuan per tonne before raising prices to around 3,750 yuan per tonne due...