During the given week, since purchasing activity by downstream users has shown some improvement in China's domestic HRC market, local HRC traders have mostly increased their offer prices. However, traders have not been in a hurry to replenish their own stocks, with some big distributors even suspending their booking activities as they consider that steelmakers have not given sufficient discounts to traders. It is expected that HRC prices in the Chinese domestic market will move sideways in the coming week.
Some improvement in downstream demand in local Chinese HRC market
During the week ending October 21, hot rolled coil (HRC) prices in the Chinese domestic market have indicated an overall slight uptrend, while transaction activity has been better than in the previous week and is currently at decent levels. 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.