GMT+8( BJT)

Weekly: Global HRC & CRC Market Overview

1. Chinese HRC export offers rebound on a weekly premise- Chinese HRC exports moved up by USD 5-15/MT W-o-W to USD 475-485/MT FOB China as compared with USD 460-480/MT a week earlier.
--The gradual resumption of the industrialists and the rebounding domestic HRC prices are being attributed as reasons behind the rebound in the export offers. --Domestic HRC prices also witnessed an uptrend by RMB 10/MT on a D-o-D basis at RMB 3,560-3,570/MT (eastern China). 2. Imported HRC offers to Vietnam from China rise HRC offers to Vietnam from China increased

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