Hot rolled coil prices in local Chinese market – Week 4

Product Name

Spec.

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Medium HRC

5,75 mm x 1,20 mm x C

Q235B/SS400

Shanghai

Tangshan Steel

2,800

451

↓120

Tianjin

Tangshan Steel

2,630

424

↓70

Lecong

Liuzhou Steel

2,920

470

↓100

Average

-

2,783

448

↓97

Thin HRC

2,75 mm x 1,22 mm x C

Q235B

Shanghai

Tangshan Steel

2,930

472

↓110

Tianjin

Tangshan Steel

2,740

441

↓160

Lecong

Lianyuan Steel

3,020

486

↓150

Average

-

2,897

466

↓140