01
Jul
08:38
Shagang lifts HRC price for July
With the continued recovery in demand, Chinese hot rolled coil prices have performed strongly in the past few weeks. Coming to July, steel mill offers continue to demonstrate market confidence, Kallanish notes.
According to the latest announcement from Shagang, the steelmaker says it will lift Q235B 5.75x150mm HRC offers in July by CNY 250/tonne ($35/t) to CNY 4,000/t. This is also about CNY 245/t higher than the average HRC trading price on the Shanghai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous