China's HRC price fall leads to muted trading activity

Spot trading activity for hot-rolled coil in China was muted on Friday November 12 amid falling prices, after euphoria over a possible easing in property financing waned and raw materials pulled back on improved coal supply.

Domestic
Eastern China (Shanghai): 4,760-4,810 yuan ($744-752) per tonne, down by 90 yuan per tonne
Northern China (Tangshan) weekly assessment: 4,900-4,930 yuan per tonne, down by 130-160 yuan per tonne
Spot HRC prices in eastern China ended the week down by 190-200 yuan from last Friday's 4,960-5,000 yuan per tonne.

Prices for ferrous products - rebar, HRC, iron ore, coke and coking coal - on the Shanghai Futures Exchange and Dalian Commodity Exchange fell across the board on Friday, giving back most or all of...

Crypto market size continues to catch up with gold

Crypto stealing some of gold's thunder

Gold stocks drop on metal price decline

US a major market for Canadian mineral exports

Gold stocks down along with broad equities decline