Hot rolled coil prices in local Chinese market – Week 48

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

3,470

570

-10

Tianjin

Tangshan Steel

3,380

555

-20

Lecong

Liuzhou Steel

3,610

593

10

Average

-

3,487

573

-7

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

3,640

598

10

Tianjin

Tangshan Steel

3,500

575

-30

Lecong

Lianyuan Steel

3,810

626

10

Average

-

3,650

599

-3