China's hot-rolled coil prices were largely stable on Thursday January 3 on moderate trading activity, sources told Fastmarkets MB.
DomesticEastern China (Shanghai): 3,640-3,650 yuan ($530-532) per tonne, down 10 yuan per tonneNorthern China (Tianjin): 3,550-3,570 yuan per tonne, widening downward by 10 yuan per tonnePrices were little changed during the day, with traders describing trading activity as moderate nationwide. Despite that, they added that it was "much better" than that a day earlier.A Zhejiang-based trader said the trading activity was driven by stable demand, with most of the...