China’s CRC market remains warm

　　It is reportedly, affected by the HRC prices has kept rising, that of cold rolled coil (CRC) has been up slightly as well in Shanghai market in this week.

　　Among them, Angang Steel’s offer for cold rolled plate with thickness 1.0mm was at RMB5, 250/ton (US$788/ton). Meanwhile, the average price of CRC was at RMB5, 100~RMB5,230/ton (US$766~US$785/ton).

　　Industry sources indicated that China’s CRC market is waken by raising prices and up deal volume. Thus, it is estimated that the price of cold rolled coil would stay in uptrend shortly.

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