CHINA HRC: Export prices build on domestic market strength

By Gladdy Chu / February 27, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil export prices exceeded the $600-per-tonne mark on Tuesday February 27 while the domestic market stabilized after Monday's surge.

DomesticEastern China (Shanghai): 4,170-4,190 yuan ($660-663) per tonne, narrowed upward by 10 yuan per tonneNorthern China (Tianjin): 4,100-4,130 yuan per tonne, unchangedThe paper market made up for early losses in the afternoon, enabling spot prices to stabilize after posting big gains a day earlier, sources said.Trading activity has also...

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