Hot rolled coil prices in local Chinese market – Week 42

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

3,500

574

+10

Tianjin

Tangshan Steel

3,520

577

+10

Lecong

Liuzhou Steel

3,620

593

+20

Average

-

3,547

581

+13

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,600

590

-20

Tianjin

Tangshan Steel

3,610

592

+10

Lecong

Lianyuan Steel

3,770

618

+20

Average

-

3,660

600

+3