Intel Details

China's domestic HRC, CRC prices increase on rising futures

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18 Jul 2022, 18:53 IST
Steel Mint Intel

China's HRC and CRC prices increased today following a rise in HRC futures. According to SteelMint data, SHFE HRC futures for Oct'22 delivery closed today at RMB 3,702/t ($549/t), up by RMB 29/t ($5/t) compared with the closing on 15 July. Current prices-

  • HRC (4.5-12mm, Q235 B): RMB 3,740/t ($555/t), up by RMB 130/t ($19/t)
  • CRC (1-1.2mm, Q195-215A): RMB 4,175/t ($620/t), up by RMB 20/t ($3/t)
  • Prices are exw-Tianjin basis, inclusive of 13% VAT.

18 Jul 2022, 18:53 IST
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