CHINA HRC: Trading activity stagnates amid mixed sentiment

By Gladdy Chu / April 03, 2018 / www.metalbulletin.com / Article Link

Trading activity in China's hot-rolled coil market continued at a sluggish pace on Tuesday April 3 with both buyers and sellers waiting for a clearer pricing trend to emerge.

DomesticEastern China (Shanghai): 3,850-3,880 yuan ($613-618) per tonne, widened downward by 10 yuan per tonneNorthern China (Tianjin): 3,840-3,870 yuan per tonne, widened downward by 10 yuan per tonneHRC prices widened downward after the futures market weakened for a second day.Trading activity thinned in both Tianjin and Shanghai with buyers in downstream industries having a less than bullish outlook for the market after the Tomb-Sweeping Festival, sources added. China is off on Thursday and Friday for the festival.Export Metal Bulletin fob China HRC...

Recent News

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

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok