CHINA HRC: Market stands still ahead of holiday

February 01, 2019 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices were unchanged on Thursday January 31, with few participants still active in both the domestic and export markets ahead of the Chinese New Year holiday next week.

DomesticEastern China (Shanghai): 3,780-3,800 yuan ($563-566) per tonne, unchangedNorthern China (Tianjin): 3,720-3,740 yuan per tonne, unchangedA Shanghai-based trader said that his company sold a very small shipment of HRC at 3,800 yuan per tonne. Only the "higher-priced" products were available currently with very few mills still accepting orders.Trading was...

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