China HRC: Exporters leave offers unchanged despite weaker domestic prices

February 14, 2019 / www.metalbulletin.com / Article Link

China's hot-rolled coil exporters left their offer prices unchanged on Wednesday February 13, although the domestic market continued to drop on low demand.

DomesticEastern China (Shanghai): 3,790-3,800 yuan ($559-560) per tonne, down 50 yuan per tonneNorthern China (Tianjin): 3,760-3,770 yuan per tonne, down 20-30 yuan per tonnePrices have returned to their pre-Chinese Lunar New Year holiday levels, with demand remaining low due to some downstream buyers not resuming production until next week, a Hangzhou-based trader said.Meanwhile, the China Iron and Steel Association said...

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