CHINA HRC: Domestic prices rise slightly on sustained demand

By Jessica Zong / May 14, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices edged up further on Monday May 14 amid steady demand.

Domestic Eastern China (Shanghai): 4,210-4,230 yuan ($664-668) per tonne, up 10 yuan per tonne Northern China (Tianjin): 4,060-4,080 yuan per tonne, up 10 yuan per tonne Sellers pushed through small price increases on the stability in the futures market and buyers' stable procurement rates. Small changes in HRC inventory levels indicate that supply and demand...

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