Trading activity was thin in both the domestic and export markets for Chinese hot-rolled coil on Tuesday February 6 with more and more participants in China making an early start to their Lunar New Year holiday, which kept prices largely steady.
DomesticEastern China (Shanghai): 4,110-4,130 yuan ($653-656) per tonne, narrowed downward by 10 yuan per tonneNorthern China (Tianjin): 4,000-4,030 yuan per tonne, unchangedA few trading companies have stopped trading in major markets this week, which will likely keep spot prices at current levels, sources said. A slight weakening of...