Domestic hot-rolled coil prices in China dropped on Tuesday September 14, with trading activity weakening and adverse weather constraining deliveries while sentiment deteriorated on a tumbling raw material market.
DomesticHRC futures on the Shanghai Futures Exchange experienced a steep drop in the afternoon after the coking coal and coke contracts on the Dalian Commodity Exchange fell for a third day. The National Development & Reform Commission had earlier this week instructed coal producers to help stabilize prices by entering...