Hot rolled coil prices in local Chinese market – Week 38

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

3,550

580

-50

Tianjin

Tangshan Steel

3,500

572

-60

Lecong

Liuzhou Steel

3,600

588

-70

Average

-

3,550

580

-60

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,640

595

-140

Tianjin

Tangshan Steel

3,620

592

-50

Lecong

Lianyuan Steel

3,750

613

-50

Average

-

3,670

600

-80