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Brief on HRC/CRC market in Shanghai

HR

Today, HR plate/coil quotation saw no change with mildly lowered transaction price, of which, 2.0mm SPHC HR thin plate/coil from Tonghua Steel was priced at 5800 Yuan/ton, 2.75mm *1500 Q235 HR coil produced by Tangshan Steel stood at 5400 Yuan/ton.

Current 5.5mm *1500 medium-heavy coil from Shagang and Tangshan Steel stood at 5180-5220 Yuan/ton.

Variety plate/coil was priced downwardly. Current 11.9mm*2010*C ship coil, 5.75mm low-alloy coil and 9.5mm*1800 wide heavy coil produced by Ansteel and Taigang were priced at 5780-5820, 5400-5450 and 5500 Yuan per ton.

CR

Current 1.0mm CR box sheet produced by Ansteel was priced at 6480 Yuan/ton, 1.0mm CR box sheet produced by WISCO and Benxi Steel hit 6400-6450 Yuan/ton, 0.5mm CR coil from Benxi Steel was priced the same at 6800 Yuan/ton.

1.0mm CR coil produced by Magang, Handan Steel and Tangshan Steel reached 6350 Yuan/ton, down 20-30 Yuan from yesterday.