China's hot-rolled coil prices continued to fall albeit at a slower pace on Tuesday November 27 both in the domestic and export markets amid soft demand.
DomesticEastern China (Shanghai): 3,570-3,590 yuan ($514-517) per tonne, down 30 yuan per tonneNorthern China (Tianjin): 3,520-3,530 yuan per tonne, down 30 yuan per tonneHRC futures started declining since trading began during the day after peaking during Monday night's session, which kept the spot market bearish. Most buyers put off their...