CHINA HRC: Prices weaken on January futures delivery

China's hot-rolled coil prices continued to fall on Wednesday January 20 as a result of a surge in supply in the eastern region as a result of physical delivery being made for January futures contracts.

Domestic
Eastern China (Shanghai): 4,450-4,480 yuan ($687-691) per tonne, down 30-40 yuan per tonne
Sellers in the spot market had to lower their offers despite a rebound in the futures market due to the supply surge of mainstream grades of HRC in eastern China, several sources said.

A Shanghai-based trader said that a major company in the eastern region had been delivering 200,000 tonnes of HRC since last Friday following the expiry...

Gold stocks lead the large cap miners by far over H1/25

Gold stocks up as the metal price and equities gain

Mixed outlook for gold as it remains range bound for past three months

Gold stocks down on flat metal price

Gold stocks down on metal decline