The joust between China’s two price titans rumbles on

The trajectories of Chinese prices of hot-rolled coil (HRC) and rebar have become entangled, once again. Hot coil prices had edged higher than rebars starting from this year’s second half but from this month, rebars have gained the upper hand again. As of November 26, just Yuan 2/tonne ($0.3/t) separated them, and how they will move in coming weeks is still being debated, Mysteel Global noted.