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WEEKLY: China's HRC export prices ease again

Source: Mysteel Oct 29, 2024 14:15
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HR Products Import/Export Price Trading
Dragged by insufficient overseas demand, China's export prices of hot-rolled coils (HRCs) lost ground again over the past week, Mysteel's weekly market roundup shows.
As of October 25, the Chinese export price of SS400 3mm HRC under Mysteel's assessment dropped by $25/tonne on week to sit at $502/t FOB from North China's Tianjin port.   Although many Chinese steelmakers and traders chose to lower their export HRC quotations in the past week to attract sales, overseas buyers remained

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