China hrC rise helps absorb higher iron ore costs to margins

摘要

London—A recovery in China HRC steel export prices pushed up indicators of operating margins at steel mills in China at the end of June, ahead of higher iron ore costs in early July, according to S&P Global Platts analysis Wednesday. Mill spreads between HRC steel China FOB exports with imported iron ore and premium coking coal had fallen to a low on June 20, along with indicative margins for Chinese rebar steel exports.