HRC- used in the production of cars, trucks, machinery, etc.Chinese export prices of commercial grade hot-rolled coils (HRC) continued rising during the week of April 22-26, while overseas inquires for China-origin hot coils were sparse, Mysteel's weekly market roundup shows.As of April 26, the export price of Chinese SS400 4.75mm HRC under Mysteel's assessment had ticked higher by another $5/tonne on week to reach $530/t FOB from North China's Tianjin port. Improved sentiment in the domestic HRC market overall, combined with rising steelmaking raw materials prices, led Chinese steel mills and traders to raise prices.
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