China's hot-rolled coil prices were largely stable on Friday November 16, with buyers doing their usual rounds of restocking ahead of the weekend.
DomesticEastern China (Shanghai): 3,800-3,830 yuan ($547-552) per tonne, widening upward by 20 yuan per tonneNorthern China (Tianjin): 3,830-3,850 yuan per tonne, widening downward by 10 yuan per tonnePrices in eastern China widened upward, with most transactions taking place around 3,810-3,820 yuan per tonne in the morning amid a pick-up in trading activity, a trader in Zhejiang province said.A few downstream producers, particularly private companies, typically stock up on...