During the given week, HRC prices in the Chinese domestic market have been negatively impacted by the significant declines in HRC futures prices in China. Although most traders are reluctant to lower their sales prices by too large a margin, some traders believe HRC prices will continue to move down if the futures market remains on a soft trend against the backdrop of the current sluggish demand situation. It is expected that HRC prices in the Chinese domestic market will likely remain on a slight downtrend in the coming week.
Local Chinese HRC prices impacted by soft futures market trend
During the week ending July 8, hot rolled coil (HRC) prices in the Chinese domestic market have continued their slight downtrend, while transaction activity has remained slack. Average HRC prices in the local Chinese market can be viewed in the SteelOrbis price reports section.
Marketplace Offers
Hot Rolled Coil
Thickness
2 mm
Width
1,500 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,200 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.
Hot Rolled Coil
Thickness
2.5 mm
Width
1,000 mm
Coil
R
S235JR
Tedarikçi
YÜCEL BORU VE PROFİL END. A.Ş.