It's reported that Chinese Shougang announced the price policy for hot rolled coil (HRC) for next January delivery on December 19th.
The company remained the domestic prices of most products unchanged for next January. Thus, the ex-factory prices of Q235 HRC in dimension of 5.5mm x 1,500mm are at RMB3, 550/ton.
Meanwhile, it hiked the prices of low alloy products by RMB130/ton. Therefore, the ex-factory prices of SHPC HRC in dimension of 3.0mm x 1,250mm are at RMB3, 610/ton.
The above prices don't include tax and have become effective from December 19th.