China's hot-rolled coil producers raised export prices on Tuesday June 25 amid continual gains in the domestic market.
DomesticEastern China (Shanghai): 3,910-3,920 yuan ($568-570) per tonne, up 10-20 yuan per tonneNorthern China (Tianjin): 3,850-3,860 yuan per tonne, up 10-20 yuan per tonnePrices rose further during the day with more and more participants becoming more bullish about the market.The price gains in the morning, especially in Shanghai, were mostly due to futures companies betting on a widening of the gap between spot and futures prices in the...