CHINA HRC: Prices little changed in quiet market

December 27, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices were little changed on Wednesday December 26 both domestically and in the export market amid sparse trading.

DomesticEastern China (Shanghai): 3,720-3,750 yuan ($540-544) per tonne, down 10-20 yuan per tonneNorthern China (Tianjin): 3,650-3,660 yuan per tonne, narrowing downward 10 yuan per tonneWhile prices in Shanghai were as high as 3,740-3,750 yuan per tonne in the morning, session sellers lowered their bids to 3,720-3,730 yuan per tonne to win orders,...

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