CHINA HRC: Mills raise export offers despite thin trading

China's hot-rolled coil prices weakened on Tuesday June 23 amid falling futures, while mills raised their export offers despite overseas buyers showing little interest in Chinese products.

Domestic
Eastern China (Shanghai): 3,730-3,750 yuan ($527-530) per tonne, down 10-20 yuan per tonne
Sources told Fastmarkets that trading activity in China's domestic HRC market weakened during the day due to sentiment being dampened by futures losses.

Sellers were largely offering their products at 3,750 yuan per tonne in Shanghai, though some of them were willing to sell as low as 3,730 yuan per tonne, a trader in the...

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