Hot rolled coil prices in local Chinese market – Week 5

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

2,590

415

↓210

Tianjin

Tangshan Steel

2,560

410

↓70

Lecong

Liuzhou Steel

2,830

454

↓90

Average

-

2,660

426

↓123

Thin HRC

2.75 mm x 1.,250 mm x C

Q235B

Shanghai

Tangshan Steel

2,910

466

↓20

Tianjin

Tangshan Steel

2,650

425

↓90

Lecong

Lianyuan Steel

2,940

471

↓80

Average

-

2,833

454

↓63