11
Jul
04:46
Baosteel, Wugang hike flat steel offers in August
China's major flat steel producers Baosteel and Wuhan Iron & Steel (Wugang) announced on Wednesday and Thursday they are adding CNY 100-150/tonne ($14-22/t) to their August offers. The price increases by the two steel mills are considered by sources to be deliberately supporting market sentiment, Kallanish notes.
In August, Baosteel plans to add CNY 100/t to hot-rolled coil, cold-rolled coil, pickled coil, galvanized coil an…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous