CHINA HRC: Domestic prices dip on falling futures

By Gladdy Chu / January 03, 2018 / www.metalbulletin.com / Article Link

China's hot-rolled coil prices dipped on Wednesday January 3 following weakness in the paper market.

DomesticEastern China (Shanghai): 4,280-4,300 yuan ($659-662) per tonne, down 10 yuan per tonne Northern China (Tianjin): 4,140-4,170 yuan per tonne, down 10 yuan per tonneDeclining futures dampened buying interest in the spot market, resulting in prices sliding during the day, according to market participants.But...

Recent News

Bullish bankers and bearish institutions split on gold forecasts

July 01, 2024 / www.canadianminingreport.com

Gold stocks down on flat metal price and mixed equities

July 01, 2024 / www.canadianminingreport.com

Snowline Gold reports Initial Resource Estimate

June 24, 2024 / www.canadianminingreport.com

Inflation subsiding and rate cuts starting internationally

June 24, 2024 / www.canadianminingreport.com

Inflation rebound continues to reverse

June 17, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok