China's prices for hot-rolled coil edged up on Tuesday January 9 on a rebound in the paper market, although the upside was restricted by weak buying interest.
DomesticEastern China (Shanghai): 4,240-4,280 yuan ($652-659) per tonne, up by 10-20 yuan per tonne Northern China (Tianjin) : 4,040-4,070 yuan per tonne, up 10 yuan per tonneThe paper market remained strong in the night trading session after the surge late on Monday on the back of the news that China officials declared stricter steel capacity replacement criteria...