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China's HRC, CRC prices rise by up to RMB 60/t ($9/t) d-o-d

China’s domestic HRC prices rose by RMB 60/t ($9/t) while CRC prices by RMB 30/t ($4/t) d-o-d today. Current offers: HRC (4.5-12mm, Q235 B): RMB 4,000/t ($575/t...

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9 Dec 2022, 18:55 IST
China's HRC, CRC prices rise by up to RMB 60/t ($9/t) d-o-d

China's domestic HRC prices rose by RMB 60/t ($9/t) while CRC prices by RMB 30/t ($4/t) d-o-d today. Current offers:

  • HRC (4.5-12mm, Q235 B): RMB 4,000/t ($575/t)

  • CRC (1-1.2mm, Q195-215A): RMB 4,360/t ($627/t)

  • Prices are exw-Tianjin, including 13% VAT.

SHFE HRC futures for Jan'23 delivery settled today at RMB 4,014/t ($577/t), up by RMB 81/t ($12/t) d-o-d.

 

9 Dec 2022, 18:55 IST

 

 

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