CHINA HRC: South Korean demand bolsters export prices

December 20, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil exporters continued to raise prices on Wednesday December 19 on South Korean demand.

DomesticEastern China (Shanghai): 3,790-3,810 yuan ($549-552) per tonne, widened downward by 10 yuan per tonneNorthern China (Tianjin): 3,620-3,630 yuan per tonne, down 10 yuan per tonneIn Shanghai, although there were deals concluded at 3,790 yuan per tonne during the day, sources said their numbers were small and that the dominant range remained 3,800-3,810 yuan per tonne, the same as that a day earlier.Prices in Tianjin were also largely stable. A Zhejiang-based source said that this was...

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