HR coil prices in Chinese markets
Hot rolled coil prices in China are generally stable today. The only remarkable decrease was in Lecong. The prices in the major markets are as follows:
Shanghai market
Product Price/mt Daily Change
RMB US$ RMB
Meishan Steel SPHC 2.75mm*1250*C 3,050 378
Tangshan Steel SS400 5.75mm*1500*C 2,900 359
MMK (Russia) 08YU 2.0mm*1250*C 3,150 390
Tianjin market
Product Price/mt Daily Change
RMB US$ RMB
Taiyuan Steel SPHC 2.75mm*1250*C 2,950 366
Tangshan Steel SS400 5.75mm*1500*C 2,780 344
Lecong market
Product Price/mt Daily Change
RMB US$ RMB
Lianyuan Steel SPHC 2.75mm*1250*C 3,080 382 -40
Lianyuan Steel SS400 5.75mm*1500*C 2,880 357
MMK (Russia) 08YU 2.0mm*1250*C 3,200 397
All prices include 17 percent VAT. RMB 8.07 = $1