Little reprieve for Asian HRC on lower Chinese offers

摘要

The Asian hot-rolled coil market saw bearish sentiment Tuesday as Chinese mills loweredtheir offers while buyers remained on the sidelines in a falling market.S&P Global Platts assessed SS400 HRC 3 mm thick at $504/mt FOB China Tuesday, down$2/mt day on day. On a CFR Southeast Asia basis, the same product was assessed at $515/mt, down $2/mt from Monday.