China's domestic hot-rolled coil market remained relatively stable on Tuesday September 18 while traders who export the product are seeing a further drop in demand, and along with that, lower prices.
DomesticEastern China (Shanghai): 4,320-4,330 yuan ($629-631) per tonne, narrowing downward by 10 yuan per tonneNorthern China (Tianjin): 4,230-4,250 yuan per tonne, unchangedDomestic prices were largely steady during the day amid moderate trading activity, a Shanghai-based source said.A few sellers in the city tested buyers' willingness to pay 4,300-4,310 yuan per tonne for materials in the morning, after...