According to SteelHome survey, HRC price remained stable in Shanghai
market on January 14.
Q235B 2.75mm*1250*C HRC from Ansteel was 3790 yuan/t. Q235B
2.75mm*1250*C from Shagang was 3750 yuan/t.
Market demand gradually reduced recently. This week maybe the last week
for traders to sell before the Spring Festival. Market didn’t see
obvious ups and downs. At present, mainstream transaction price for HRC
in Shanghai market is 3630 yuan/t. Besides, delivery from Benxi Steel,
Ansteel, Tonghua Steel and Baotou Steel have arrived. It is estimated
that HRC price in Shanghai market will continue to vibrate slightly.
Market price of Shanghai
HR coil on Jan 14, 19(new)
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