CHINA HRC: Domestic prices fall further on paper market losses

摘要

China's domestic prices for hot-rolled coil fell at a faster pace on Friday January 12 amid a weakening of the futures market.- Eastern China (Shanghai): 4,150-4,200 yuan ($638-645) per tonne, down 60-70 yuan per tonne- Northern China (Tianjin): 3,990-4,010 yuan per tonne, down 40 yuan per tonneFutures prices fell rapidly during Thursday night's trading session and weakened further on Friday, which weighed on the spot market.