10
Sep
11:24
Baosteel flat steel hikes slow
Baosteel and Angang, China’s leading flat steel producers, have announced they will lift their flat steel offers in October. This matches the uptrend seen in the domestic market over the past month and shows the mills' confidence over the short term, Kallanish notes.
For October rolling, Baosteel will increase hot rolled coil and thick plate prices each by CNY 50/tonne ($7.3/t), but this is only a quarter of the increase seen last month. Other …
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Anonymous
Very good overview of the weekly steel market.
Anonymous