CHINA HRC: Domestic prices unchanged, demand flat

By Jessica Zong / May 21, 2018 / www.metalbulletin.com / Article Link

China's domestic hot-rolled coil prices remained unchanged on Monday May 21 amid subdued demand.

Domestic Eastern China (Shanghai): 4,250-4,270 yuan ($666-669) per tonne, unchanged Northern China (Tianjin): 4,090-4,110 yuan per tonne, unchanged https://www.metalbulletin.com/My-price-book.html?Price=42402 Losses in the futures market resulted in buyers keeping their procurement rates low during the day.Sellers kept their offers flat while they observed how the futures market performed. Market participants expect spot prices to fall by at...

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