China HR market still weak on aggregate

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Publish time: 25th February, 2013      Source: ChinaCCM
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Currently, the china government establishes a new estate policy to align the China steel market. However, the domestic steel market doesn't have a great performance so far. Thus, the HR coils price expects to decrease , The offer price for hot rolled coil (HRC) in dimension of 2.75mm x 1,500 mm will be RMB4,270/mt and 4.5-10mm x 1,500 mm is RMB4150/mt, both prices are decreasing compared to Chinese New year holiday.