CRC prices in local Chinese markets
MMK (
Russia) origined cold rolled coils for 08YU quality were recently sold at RMB 5'250-5'300/mt ($649-655) in domestic Chinese markets for thicknesses between 0..6 mm - 1.00 mm. The ex-works prices of domestic producers such as
Baotou, Handan and Pangang for 1 mm and above thicknesses were reportedly around RMB 4'900/mt ($606).