Chinese HRC export quotes plunged during the week amid sluggish local demand and the wait-and-see approach offoreign buyers. Traders added pressure on market prices, trying to sell short.On Wednesday, November 28, most major mills offered HRC (SS400, 3?12 mm) at $480?500/t FOB, which was $20?35/tlower than a week ago. The sharp decrease was caused by slower economic growth in the country, which weighedon demand. “Budgets are quite tight in downstream industries,” an analyst at major steel trading company in Chinasaid. Most market insiders agreed with this point of view, noting that China’s weaker economy was the main reasonfor decline.
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机译：中国的HRC出口报价在本周暂缓困扰着当地的需求和等待和观看方法落入买家。 贸易商增加了市场价格的压力，试图销售短片。在11月28日星期三，大多数主要工厂提供HRC（SS400,3？12毫米）以480美元的价格为480美元？500 / T FOB，这是每周20美元35美元 。 该国经济增长较慢的剧烈减少，称量需求造成的。 “下游行业的预算非常紧张，”中国德钢铁贸易公司的分析师“中国德国主要钢铁贸易公司”。 大多数市场内部人士同意了这一观点，并指出中国较弱的经济性是导致下降的主要原因。
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