Hot rolled coil prices in local Chinese market – Week 16

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

3,780

612

-100

Tianjin

Tangshan Steel

3,600

583

-110

Lecong

Liuzhou Steel

3,850

623

-60

Average

-

3,743

606

-90

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,970

642

-70

Tianjin

Tangshan Steel

3,780

612

-110

Lecong

Lianyuan Steel

4,020

650

-50

Average

-

3,923

635

-77