CHINA HRC: Domestic prices stable on production curb talks

June 29, 2021 / www.metalbulletin.com / Article Link

Hot-rolled coil prices in China's domestic market traded within a narrower range on Monday June 28, with talks of production curbs underpinning futures prices.

Domestic
Eastern China (Shanghai): 5,400-5,450 yuan ($836-844) per tonne, narrowing upward by 20 yuan per tonne from 5,380-5,450 yuan.

The most-traded HRC contract on the Shanghai Futures Exchange clawed back earlier losses to end the day slightly higher than Friday's close, on expectations of production and transport curbs in the major steelmaking hub of Tangshan ahead of the...

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