China's hot-rolled coil prices continued to fall with purchasing interest thinning amid higher inventory levels.
DomesticEastern China (Shanghai): 4,000-4,030 yuan ($632-637) per tonne, down by 40-50 yuan per tonneNorthern China (Tianjin): 3,940-3,960 yuan per tonne, down by 50 yuan per tonneFerrous futures plunged in the afternoon after an industry information provider released data showing an increase of 76,500 tonnes in HRC inventory levels over the past week - those in the spot market increase by 132,300 tonnes while...