China's domestic hot-rolled coil prices rose on Monday September 16 amid moderate trading activity, while exporters remained under pressure from efforts of suppliers in other parts of the world to undercut them.
DomesticEastern China (Shanghai): 3,710-3,720 yuan ($524-525) per tonne, up 10-30 yuan per tonneNorthern China (Tangshan): 3,620-3,630 yuan per tonne, narrowing upward by 20 yuan per tonneTrading activity was described as moderate during the day, which was partially attributed to some end users restocking after a long weekend due to the observance of the Mid-Autumn Festival last...