Chinese flat steel producers Angang and Bengang have announced an increase in August flat steel offers, but Shougang simultaneously kept its offer unchanged, Kallanish notes.
Bengang plans to add CNY 100/tonne ($15) to hot rolled coil offers, according to the company's official information. Angang will lift HRC and pickled coil by CNY 200/t, and cold rolled coil, galvanized coil and colour-coated coil by CNY 100/t.
The increase in social in…
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