Latest situation in local Chinese CRC market

Wednesday, 30 July 2014 13:26:55 (GMT+3)   |   Shanghai
During the week ending July 30, the Chinese domestic cold rolled coil (CRC) market has continued its stable trend, while transaction activity has remained at poor levels. Average CRC prices in the local Chinese market can be viewed in the SteelOrbis price reports section.

During the given week, a wait-and-see stance prevails in local Chinese CRC market, resulting in a steady trend of CRC prices. After previous declines in CRC prices, traders have been unwilling to hold a bearish attitude towards future business. Meanwhile, steelmakers also try to keep their ex-works prices stable. However, since CRC consumption has been low due to ongoing offseason amid hot summer and high temperature; it could hardly provide a support to push up CRC prices. It is expected that CRC prices in the Chinese domestic market will still indicate a stable trend, likely to see a slight fluctuation if any.


Similar articles

Baosteel keeps local HRC prices stable for July

10 Jun | Flats and Slab

Stocks of main finished steel products in China down 4.7% in late May

04 Jun | Steel News

Baosteel keeps local flat steel prices stable for June

12 May | Flats and Slab

China’s HRC output increases by 9.3 percent in Jan-Feb

20 Mar | Steel News

Ex-China CRC offer prices edge down further

19 Mar | Flats and Slab

Anshan Steel and Bengang keep their HRC prices stable for April

13 Mar | Flats and Slab

Baosteel keeps local HRC prices stable for April

11 Mar | Flats and Slab

Ex-China CRC offer prices move sideways

26 Feb | Flats and Slab

Baosteel raises local HRC prices by $14/mt for March

11 Feb | Flats and Slab

Baosteel keeps local HRC prices stable for February

07 Jan | Flats and Slab

Marketplace Offers

Cold Rolled Coil
Thickness:  0.6 mm
Width:  1,000 mm
Coil:   R
DC01
YÜCEL BORU VE PROFİL END. A.Ş.
Cold Rolled Coil
Thickness:  0.3 - 2.5 mm
Width:  700 - 1,300 mm
Coil:   R
DC01-DC03-DC04-DC01EK-DC04EK
YILDIZ DEMIR CELIK
Cold Rolled Batch Annealed Coil
Thickness:  0.3 - 2.5 mm
Width:  700 - 1,300 mm
Coil:   R
Kaliteler / Steel Grades DC01-DC03-DC04-DC01EK-DC04EK
YILDIZ DEMIR CELIK