Spot prices for hot-rolled coil in China narrowed on Thursday October 14, while futures prices edged higher on expectations that production curbs in north China could extend into early 2022.
DomesticSteel mills in the targeted regions should continue their efforts to meet their goals of crude steel output reduction for 2021 between November 15 to the end of the year. Then, from the beginning of next year until March 15, mills will be...