Jiangsu Province-based Shagang Group, China’s largest private steelmaker, has issued its list prices for hot rolled coil (HRC) for November. Accordingly, the company has cut its offer prices for Q235 5.5 mm x 1,500 mm HRC by RMB 110/mt ($15.6/mt) to RMB 3,700/mt ($525.7/mt), on ex-works basis.
In October, the producer had increased its HRC offer prices by RMB 30/mt to RMB 3,810/mt.
I hold a Bachelor's degree in Journalism and Economics from Oles Honchar National University in Ukraine. I have 15 years of experience in the steel media industry, including the past seven years at SteelOrbis, where I lead the Market Intelligence team responsible for coordinating coverage of Asian steel and raw material markets. My areas of expertise also include global markets for billet, slabs, pig iron and HBI, with a focus on market analysis and industry trends.
Hot Rolled Coil
Hot Rolled Coil
Hot Rolled Coil