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

3,400

550

-10

Tianjin

Tangshan Steel

3,270

529

10

Lecong

Liuzhou Steel

3,420

553

-40

Average

-

3,363

544

-13

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,480

563

-20

Tianjin

Tangshan Steel

3,370

545

20

Lecong

Lianyuan Steel

3,620

586

20

Average

-

3,490

565

7