China's hot-rolled coil exporters raised their offers on Monday February 25 following surges in the stock market, while domestic prices edged up.
DomesticEastern China (Shanghai): 3,790-3,810 yuan ($564-567) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 3,740-3,750 yuan per tonne, up 20 yuan per tonnePrices in Shanghai posted moderate gains, with trading volumes being reported to be close to those last Friday, according to a trader in the eastern Chinese city. While trading activity on Friday and Monday is typically higher due to buyers restocking for either the weekend or the rest of the week,...