11
Sep
08:44
Angang lifts flat steel offers for October
Major Chinese flat steel producer Angang Iron & Steel (Angang) has lifted its flats offers for October. The positive market and good expectations for next month have given strong confidence to flat steel mills, Kallanish notes.
Angang lifted prices of hot rolled coil and thick plate each by CNY 50/tonne ($7.3/t) on Friday, matching Baosteel’s price increases of the previous day. Angang will also add CNY 250/t to galvanized steel offers, and CNY…
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Anonymous
Very good overview of the weekly steel market.
Anonymous