News Room - Steel Industry

Posted on 12 May 2009

Chinese HRC prices up slightly

It is reported by Mysteel that Chinese hot rolled steel coil prices increase a little this week, some RMB50/ton higher than last Friday.

 

On Shanghai market, price for commercial HRC is quoted at RMB3,350/ton, up by RMB50/ton from last week.

 

Besides, for import and export market, the demand is still keeping weak though the prices have dropped.