China's domestic hot-rolled coil prices continued to rise on Tuesday April 9, although the upswing drove away buyers.
DomesticEastern China (Shanghai): 3,990-4,000 yuan ($594-595) per tonne, up 30-40 yuan per tonneNorthern China (Tianjin): 3,940-3,950 yuan per tonne, up 40 yuan per tonneSellers raised prices following an uptick in the futures market. Buyers, however, cut procurement rates on the upward...