Chinese steel prices were flat for the day. The price of iron ore 58% fines from India hit a high price of CNY 840.00 ($138.99) and a low price of CNY 830.00 ($137.34) per dry metric ton. Chinese HRC held its value yesterday at CNY 3,470 ($574.18) per metric ton. The price of Chinese coking coal showed little movement yesterday at CNY 1,420 ($234.97) per metric ton.
The 3-month price of the US HRC futures contract declined 0.2 percent to $633.00 per short ton. The spot price of the US HRC futures contract held steady around $675.00 per short ton.