18
Jun
05:47
More Chinese flat producers lower offers in July
The price decline in the Chinese steel market is continuing. Anshan Iron & Steel (Angang), Benxi Iron & Steel (Bengang) and Hebei Iron & Steel (Hegang) announced in mid-June that they will lower their prices for flat steel in July by CNY 50-100/tonne ($7-14/t), Kallanish notes.
According to the steelmakers' price adjustments, Bengang has cut CNY 100/t from its hot-rolled coil product prices and maintained prices for other flat steel pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous