Hot rolled coil prices in local Chinese market – Week 2

Product Name

Specification

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

4,180

671

+190

Tianjin

Tangshan Steel

4,040

648

+190

Lecong

Liuzhou Steel

4,220

677

+90

Average

-

4,147

666

+157

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

4,180

671

0 

Tianjin

Tangshan Steel

4,190

673

+160

Lecong

Lianyuan Steel

4,330

695

+80

Average

-

4,233

680

+80