China's hot-rolled coil prices fell further on Thursday September 26 amid weak demand despite mills in some parts of the country being subjected to steelmaking curbs.
DomesticEastern China (Shanghai): 3,600-3,630 yuan ($505-509) per tonne, down 20-40 yuan per tonneNorthern China (Tangshan): 3,550 yuan per tonne, down 50 yuan per tonneA Shanghai-based trader said trading thinned in comparison with Wednesday after futures tumbled. Demand also started to weaken since Wednesday, he said.Although mills in the northern region are producing less steel due to restrictions to improve air quality, demand is also down because...