CHINA HRC: Prices weaken after tariff woes send futures tumbling

摘要

China's hot-rolled coil prices fell further ahead of the weekend after the paper market tumbled. China's ferrous futures plunged with the outlook for the market becoming more bearish after United States President Donald Trump signed into law a day earlier a new 25% tariff proposed in the wake of a Section 232 probe into whether steel imports posed a national security risk.