Spot prices for hot-rolled coil in China dipped on Monday November 8 after the futures market fell to a new nine-month low in response to Tangshan lifting some of its production curbs for fighting heavy air pollution.
DomesticThe most-traded HRC contract on the Shanghai Futures Exchange dropped to a trough of 4,463 yuan per tonne during morning trading after rising to an intraday high of 4,699 yuan per tonne during last Friday's night session.
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