China’s domestic hot coil tags get $29/tonne boost

Dec 31, 2008 | 09:53 AM |

Chinese domestic hot-rolled coil prices climbed by 200 yuan ($29) per tonne this week as supply is finally tightening following production cuts.

Transaction prices are now at 3,700 to 3,750 yuan ($542 to $550) per tonne in Shanghai, up from 3,550 to 3,650 yuan a week ago. ....

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