Amid increases in iron ore prices, prices of long steel and hot rolled flat steel in the Chinese market have also moved up in the past week. In addition, declines in inventories resulting from the destocking process in the market have contributed to the upward movement of domestic HRC prices. At the same time, the uptrend in the steel futures market has also helped to boost market confidence. Demand in the market is considered to be at normal levels. It is thought that in the coming week domestic HRC prices in China will again indicate a slight increase.