China's hot-rolled coil prices were largely stable on Friday October 26 amid sparse trading.
DomesticEastern China (Shanghai): 4,170-4,180 yuan ($600-602) per tonne, narrowing downward 10 yuan per tonneNorthern China (Tianjin): 4,080-4,100 yuan per tonne, unchangedTrading was thin during the day, which kept prices steady for the most part. Downstream demand remained weak, market sources said.This weakness kept prices from rebounding despite a drop in HRC output over the past week, a trader in Tianjin said, quoting a domestic steel consultancy.HRC prices in both eastern and northern China are...