CHINA HRC: Prices plunge on dim economic outlook

November 22, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices continued to fall on Wednesday November 21, breaking away from last week's stability, amid pessimism over the country's economic and industrial growth.

DomesticEastern China (Shanghai): 3,760-3,780 yuan ($541-544) per tonne, down 30-40 yuan per tonneNorthern China (Tianjin): 3,690-3,710 yuan per tonne, down 70-80 yuan per tonneWhile HRC prices hovered above 3,800 yuan per tonne last week, they have been falling further and further away from that level this week amid expectations of demand remaining weak and supply not declining.Hebei-based Cangzhou Zhongtie Equipment Manufacturing Equipment Co is said to be scheduling the start-up...

Recent News

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com

Rise in gold stocks propels TSXV Mining

August 25, 2025 / www.canadianminingreport.com

Market sees gold sector nearing full value overall after target upgrades

August 18, 2025 / www.canadianminingreport.com

Gold stocks gain even as metal pulls back

August 18, 2025 / www.canadianminingreport.com

Gold stocks rocket to new highs, valuations no longer inexpensive

August 11, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok