Hot rolled coil prices in local Chinese market – Week 31

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

3,610

589

-20

Tianjin

Tangshan Steel

3,530

576

-40

Lecong

Liuzhou Steel

3,710

605

-60

Average

-

3,617

590

-40

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,700

604

0

Tianjin

Tangshan Steel

3,650

595

-50

Lecong

Lianyuan Steel

3,810

622

-20

Average

-

3,720

607

-23