09
Oct
10:37
Baosteel flat steel offers show differentiation
Major Chinese flat steel producer Baosteel has changed its strategy for flat steel offers in November, after the general increase in October, Kallanish notes.
Baosteel lowered its November price of hot rolled coil by CNY 100/tonne ($14.9/t) on Friday, twice the value of the previous month’s increase. In terms of cold rolled coil, pickled coil and thick plate prices, Baosteel chose to keep offers unchanged. Galvanized steel offers will meanwhile be incre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous