According to SteelHome survey, HRC prices slightly
rises in Shanghai market. Yesterday, market price moderately
increased and transactions rose. Today, the real transacting price
is stable because some traders worry about the weaker demand after
market price rising. At present, the supply of thin HRC is
comparatively tight. Price difference between thin and medium/heavy
HRC is **0 yuan/t. Recently, the products from Benxi Steel, Tonghua
Steel and Yanggang gradually arrive. SteelHome predicts that HRC
prices will fluctuate in Shanghai market.
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