Hot rolled coil prices in local Chinese market – Week 22

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

3,440

562

-130

Tianjin

Tangshan Steel

3,380

552

-100

Lecong

Liuzhou Steel

3,500

572

-120

Average

-

3,440

562

-117

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,600

588

-130

Tianjin

Tangshan Steel

3,550

580

-90

Lecong

Lianyuan Steel

3,680

601

-110

Average

-

3,610

590

-110