During the week ending June 25, hot rolled coil (HRC) prices in the Chinese domestic market have softened very slightly. Average HRC prices in the local Chinese market can be viewed in the SteelOrbis price reports section.
In the last few days, the slump observed in the Chinese stock markets has raised concerns of a possible worsening of the country's economic slowdown. Against this backdrop, despite the slow recovery of demand, the general soft trend of domestic HRC prices is not expected to be reversed.
In the meantime, local HRC traders are mostly cautious and are maintaining a wait-and-see stance towards the market. It is expected that Chinese domestic HRC prices will continue to follow a soft trend in the coming week.
Current trend unlikely to be reversed in local Chinese HRC market
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.