Asian HRC prices trade stubbornly sideways as SHFE rises

摘要

The increase in steel futures on the Shanghai Futures Exchange Thursday boosted domestic prices of a variety of steel products, but not export hot rolled coil, sources said. S&P Global Platts assessed SS400 HRC, 3mm thick, at $546-$548/mt FOB China, with the implied midpoint of $547/mt flat for a fourth consecutive day. The same grade coil was assessed at $556-$558/mt CFR East Asia.