Hot rolled coil prices in local Chinese market – Week 11

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Medium HRC

5,75 mm x 1,500 mm x C

Q235B/SS400

Shanghai

Tangshan Steel

3,340

544

-80

Tianjin

Tangshan Steel

3,200

521

-60

Lecong

Liuzhou Steel

3,370

549

-50

Average

-

3,303

538

-63

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,520

573

0

Tianjin

Tangshan Steel

3,310

539

-40

Lecong

Lianyuan Steel

3,550

578

-70

Average

-

3,460

564

-37