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Mar 29, 2021 · Chinas domestic price of Q235 4.75mm hot-rolled coil (HRC) reached Yuan 5,123/tonne ($781/t) as of March 26, being up Yuan 130/t on week and touching a new high since July 2010 when Mysteel first launched the price survey. Behind the rise was mainly due the pick-up in sales, plus the sustained market optimism for hot coils, sources said. WEEKLY:Chinas steel FOB price softens, trade warms Sep 23, 2020 · Chinas steel export prices weakened over September 14-18, their first decline since early May, as steel suppliers especially traders lowered their offers when domestic demand turned slack, Mysteels latest weekly survey has found. Export trading increased after the gap in prices between Chinese products and those of rivals closed, respondents said.
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May 31, 2021 · Chinas domestic price of Q235 4.75mm hot-rolled coil (HRC) dropped by a further Yuan 284/tonne ($44.6/t) on week to Yuan 5,473/t including the 13% VAT as of May 28, Mysteels data showed. Downstream demand recovered slightly as prices retreated to a comparatively low level, but buyers remained cautious about procurement, market watchers said.