Hot rolled coil prices in local Chinese market – Week 9

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

4,120

661

-150

Tianjin

Tangshan Steel

3,950

634

-180

Lecong

Liuzhou Steel

4,130

663

-130

Average

-

4,067

653

-153

Thin HRC

2,75 mm x 1,250 mm x C

Q235B

Shanghai

Tangshan Steel

4,250

682

-50

Tianjin

Tangshan Steel

4,050

650

-140

Lecong

Lianyuan Steel

4,300

690

-120

Average

-

4,200

674

-103